The Economics of Speed

The Economics of Speed

Bernard C. Beaudreau

195,12 €
IVA incluido
Consulta disponibilidad
Editorial:
Springer Nature Customer Service Center LLC
Año de edición:
2019
ISBN:
9783030267124
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  • Underincome
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    Money talks, goods and services don’t. This fundamental distinction is what sets a monetary economy apart from a barter one. As a result, economic growth requires more than capital, labor and energy. Being able to signal one’s willingness to purchase goods and services is also required, a sine qua non of an advanced industrial economy. Formally, the ability to generate wealth, ...
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  • How the Republicans Caused the Stock Market Crash of 1929
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    This book presents an alternative view of the Stock Market Boom and Crash of 1929 as having resulted from government intervention, specifically from a case of flawed government policy in the form of the Republican party’s 1928 election promise of an upward tariff revision―the Smoot-Hawley Tariff Bill. As such, the stock market in particular and the market mechanism in general w...
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    Three-quarters of a century after its enactment, the Smoot-Hawley Tariff Act remains an enigma. Either U.S. policymakers were grossly mistaken or we have missed something. Could there have been a method to their apparent madness? Could the upward tariff revision have made sense, however little? This book, based on the author’s earlier work on Mass Production and the Great Depre...
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  • The National Industrial Recovery Act Redux
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    In this book, recent advances in the field of game theory, specifically in the area of coordination games (theory and policy) are used to reexamine one of the most far-reaching, yet overlooked pieces of legislation in U.S. economic history, namely the National Industrial Recovery Act of 1933. While dismissed by most as misconceived, misguided, and mistaken, not to mention uncon...
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    The concept of energy rents was first introduced in 1998 (Energy and Organization, Growth and Distribution Reexamined), when it was used to analyze income distribution in U.S. manufacturing in the post-WWII period. It was argued that rents resulting from the growing use of electric power in manufacturing were shared by the owners of labor and capital in the form of higher wages...
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    Economic complexity, like all other forms of complexity, evolved over time, from early Homo sapiens-sapiens to modern man. The rise of economic civilization was punctuated by a number of technology shocks, including the development of large-scale agriculture, the improvement of the steam engine by James Watt, and the application of electro-magnetic power by Thomas Edison and Ge...
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