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Shaking the Invisible Hand

- Complexity, Endogenous Money and Exogenous Interest Rates

  • Format
  • E-bog, PDF
  • Engelsk
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Beskrivelse

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.

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