Economics of Speed: Machine Speed as the Key Factor in Productivity

AvBernard C. Beaudreau

Inbunden, Engelska, 2019

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Beskrivning

This is the first book to examine the “nuts and bolts” of production processes. It proposes a truly consilient approach to modeling production processes – one that goes beyond the vague principles found in standard economics – and provides details that are consistent with the applied mechanics and engineering literature. Providing a credible analysis of some of the most pressing questions of our era, such as the productivity slowdown and the information paradox, and bridging the gap between engineering, applied physics, economics, and management science, this book is a fascinating read for anyone interested in industry, the modern economy, and how physical factors constrain productivity growth.

Produktinformation

Utgivningsdatum:2019-08-08
Mått:155 x 235 x 14 mm
Vikt:383 g
Format:Inbunden
Språk:Engelska
Serie:Lecture Notes in Production Engineering
Antal sidor:122
Upplaga:19001
Förlag:Springer Nature Switzerland AG
ISBN:9783030267124

Utforska kategorier

Mikroekonomi inom Ekonomi och Ledarskap
Ledarskapsböcker inom Ekonomi och Ledarskap
Teknik: allmänt inom Naturvetenskap och teknik

Mer om författaren

Bernard Beaudreau is a professor and program director in the Department of Economics, University of Laval, Canada. In recent decades, he has focused his work on the underpinnings of productivity growth, with a special emphasis on the physics (mechanics and thermodynamics) of the underlying production processes.

Innehållsförteckning

Chapter 1. Introduction.- Chapter 2. The Trouble with Production Theory.- Chapter 3. The Economies of Speed, KE=1/2mv2 and the Productivity Slowdown.- Chapter 4. The Kinetics Approach to Production: Theory and Evidence.- Chapter 5. The Profitability of Speed-Ups.- Chapter 6. The End of the Age of Speed and The Productivity Slowdown.- Chapter 7. The Physical Limits to Economic Growth by R&D-Funded Innovation.- Chapter 8. Speed and the Great Depression.- Chapter 9. Summary and Conclusions.