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The rediscovery of classical economics : adaptation, complexity and growth

Author: David Simpson; Institute of Economic Affairs (Great Britain)
Publisher: Cheltenham : Edward Elgar, ©2013.
Series: New thinking in political economy.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"David Simpson skillfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought. In the classical tradition, growth rather than allocative efficiency is the principal object of enquiry, economic phenomena are recognised to be elements of processes rather than structures, and change is evolutionary.  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Simpson, David, 1936-
Rediscovery of classical economics.
Cheltenham, UK Northampton, MA : Edward Elgar, ©2013
(DLC) 2012952657
(OCoLC)827951944
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: David Simpson; Institute of Economic Affairs (Great Britain)
ISBN: 1781951977 9781781951972
OCLC Number: 844365208
Notes: "In association with the Institute of Economic Affairs."
Description: 1 online resource (vi, 215 pages).
Contents: Introduction --
Human Behaviour --
Qualitative Change and Quantitative Growth --
Adaptation, Emergence and Evolution --
Self-organisation and Complexity --
Markets, Competition and Entrepreneurship --
Specialisation and Growth --
Prosperity and Recession --
Government --
The Rediscovery of Classical Economics.
Series Title: New thinking in political economy.
Responsibility: David Simpson.

Abstract:

David Simpson skilfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought.  Read more...

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`The Rediscovery of Classical Economics is an important and welcomed book, which challenges the reader to contemplate what modern economics has so far accomplished and to consider in what way the Read more...

 
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