Shaking the Invisible Hand : Complexity, Endogenous Money and Exogenous Interest Rates
2006 ed.
by
B. Moore
Book Details
Format
Hardback or Cased Book
ISBN-10
1403999465
ISBN-13
9781403999467
Edition
2006 ed.
Publisher
Palgrave USA
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 4th, 2006
Print length
556 Pages
Product Classification:
Macroeconomics
Ksh 23,400.00
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This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.
Shaking the Invisible Hand makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed. Moore develops a new tool of ''Process Analysis'' to replace equilibrium analysis in order to analyze macroeconomic phenomena in historical time.
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