Capital in disequilibrium : the role of capital in a changing world

Peter Lewin

Economists are rediscovering capital theory in the wake of the failure of traditional macroeconomic approaches to adequately explain unemployment, economic development and productivity. Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Peter Lewin argues that approaches based on equilibrium constructs ignore the crucial role of technological innovation in markets and proposes that economic theory proceeds from the assumption of disequilibrium. It is only in this way that we can understand economic evolution and the role of capital in a rapidly changing world. These insights are extended in a consideration of human capital, business cycles and the economics of institutions. Original and provocative in its reflections this volume offers both a new approach and an accessible discussion of one of the most important, but also one of the most difficult, areas in economics. It will be welcomed by both students and practitioners of economics alike.

「Nielsen BookData」より


書名 Capital in disequilibrium : the role of capital in a changing world
著作者等 Lewin, Peter
シリーズ名 Foundations of the market economy series
出版元 Routledge
刊行年月 1999
ページ数 ix, 255 p.
大きさ 23 cm
ISBN 0415147069
NCID BA40028960
※クリックでCiNii Booksを表示
言語 英語
出版国 アメリカ合衆国