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Econodynamics - The Theory of Social Production (Hardcover, 3rd ed. 2018)
Loot Price: R3,608
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Econodynamics - The Theory of Social Production (Hardcover, 3rd ed. 2018)
Series: New Economic Windows
Expected to ship within 10 - 15 working days
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This book, now in its third edition, explores how human populations
grow, based on their creative abilities. To reconsider the theory
of economic growth from a physicist's perspective, the book
analyses the concepts of value and utility and their relationship
to thermodynamic concepts. This approach allows the author to
include characteristics of technology in descriptions of
development and to formulate a phenomenological (macroeconomic,
no-price fluctuations are discussed) theory of production as a set
of evolutionary equations in one-sector and multi-sector
approximations. The theory is proved to be useful for describing
both national economies and global production in ancient times.
This monograph presents the topics in a compact and consistent
manner and can be used by students with a background in physics and
other natural sciences who wish to specialize in economics. It
explains how the growth of production is connected with advances in
technology, consumption of labour and energy and makes it possible
to analyse past and present social production systems and to build
scripts of future progress. The book is of interest to energy
specialists engaged in planning and analyzing the production and
consumption of energy carriers, and to economists wanting to know
how energy and technology affect economic growth. This third
edition has been substantially revised and three brand new chapters
have been added. Chapter 8 illustrates the robustness of the theory
with the aid of statistical historical data from the Russian
economy, while Chapter 12 is devoted to a reconstruction of the
global production activity in ancient times. Chapter 13 discusses
the principles of the organization of social production.
General
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