Science and the Wealth of Nations

The Physics of Economic Growth

Bernard C. Beaudreau (Autor)

Buch | Hardcover

235 Seiten

2021 | Unabridged edition
Cambridge Scholars Publishing (Verlag)
978-1-5275-6581-4 (ISBN)

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As Paul Krugman pointed out in his 2013 New York Times Op-Ed piece entitled “The New Growth Fizzle,” idea-based growth theory has been a bust. In this volume, an alternative approach is presented, one that, unlike existing growth theory, is consistent with the laws that govern material processes in general, with the historical record from time immemorial, and with data. Specifically, it provides compelling rationalizations of the 1970s productivity slowdown, Robert Solow’s information paradox and the failure of policy in Western industrialized nations to restore growth rates. Drawing from classical mechanics and thermodynamics, it provides a consilient account of the material processes that were the very subject of political economy in the 19th century and economics in the 20th and 21st centuries.

Bernard C. Beaudreau is Professor of Economics at Université Laval, Canada. His research interests include economic theory, economic history, consilient science, industrial revolutions and heterodox economics.

Erscheinungsdatum	04.05.2021
Verlagsort	Newcastle upon Tyne
Sprache	englisch
Maße	148 x 212 mm
Themenwelt	Technik ► Elektrotechnik / Energietechnik
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-10	1-5275-6581-5 / 1527565815
ISBN-13	978-1-5275-6581-4 / 9781527565814
Zustand	Neuware