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From Catastrophe to Chaos: A General Theory of Economic Discontinuities (Paperback, Softcover reprint of the original 1st ed. 1991)
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From Catastrophe to Chaos: A General Theory of Economic Discontinuities (Paperback, Softcover reprint of the original 1st ed. 1991)
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"Now, however, weface an Age of Discontinuity in world economy and
tech- nology. We might succeed in making it an age of great
economic growth as weil. But the one thing that is certain so far
is that it will be a period of change-in technology and in economic
policy, in industry structures and in economic theo- ry, in the
knowledge needed to govern and manage, and in economic issues.
While we have been busy finishing the great nineteenth-century
economic ed- ijice, the foundations have shifted beneath our feet."
Peter F. Drucker, 1968 The A~e Qf DiscQntinuity, p. 10 This project
has had a lQng gestatiQn period, probably ultimately dating to a
YQuthful QbsessiQn with watershed divides and bQundaries. My
awareness Qf the problem Qf discQntinuity in eCQnQmics dates tQ my
first enCQunter with the capi- tal theQry paradQxes in the late
1960s, the fruits Qf which can be seen in Chapter 8 Qf this book.
This awareness led tQ a frostratiQn Qver the apparent lack Qf a
mathematics Qf discQntinuity, a lack that was in the process of
rapidly being QverCQme at that time.
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