The Growth Spiral - Money, Energy, and Imagination in the Dynamics of the Market Process (Hardcover, 2013 ed.)

This book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand; and the continuous inflow of energy and raw materials through the exploitation of natural resources, on the other. Both driving forces are generally neglected by the conventional theory. Understanding their role is absolutely essential for preventing our economy from being more and more exposed to financial and ecological crises. This book offers important insights about the functioning of the modern economy and addresses the specialist as well as the interested lay reader.

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Release date:	December 2012
First published:	2013
Authors:	Hans Christoph Binswanger
Dimensions:	235 x 155 x 11mm (L x W x T)
Format:	Hardcover
Pages:	168
Edition:	2013 ed.
ISBN-13:	978-3-642-31880-1
Languages:	English
Subtitles:	German
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Law > Laws of other jurisdictions & general law > Social law > Environment law Promotions
LSN:	3-642-31880-0
Barcode:	9783642318801

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