Rethinking Economic Behaviour: How the Economy Really Works

by David Simpson

Book Overview

Treating the market economy as a complex adaptive system offers a better explanation of how it works than does the mechanical analogy of neoclassical equilibrium theory. The nonlinear interactions of millions of individual human beings, coupled with the influence of chance, result in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in the spatial locations of economic activity. Rethinking...

• Format: Paperback
• Language: English
• ISBN: 1349418218
• ISBN13: 9781349418213
• Release Date: January 2000
• Publisher: Palgrave MacMillan
• Length: 234 Pages
• Weight: 0.55 lbs.
• Dimensions: 0.5" x 5.0" x 8.0"