Shaking the Invisible Hand

Complexity, Endogenous Money and Exogenous Interest Rates

AvB. Moore

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PDF, Engelska, 2006

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Beskrivning

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.