Macroeconomics as Systems Theory: Transcending the Micro-Macro Dichotomy

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Características del artículo

Estado
Como nuevo: Libro en perfecto estado y poco leído. La tapa no tiene desperfectos y si procede, con ...
EAN
9783030444679
ISBN
9783030444679
Publication Name
Macroeconomics
UPC
9783030444679
MPN
N/A
Subject
System Theory

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Product Identifiers

Publisher
Springer International Publishing A&G
ISBN-10
3030444678
ISBN-13
9783030444679
eBay Product ID (ePID)
27050397277

Product Key Features

Book Title
Macroeconomics As Systems Theory : Transcending the Micro-Macro Dichotomy
Number of Pages
Xiii, 313 Pages
Language
English
Topic
Political Economy, Economics / Macroeconomics, Economics / General, Money & Monetary Policy
Publication Year
2021
Illustrator
Yes
Genre
Political Science, Business & Economics
Author
Richard E. Wagner
Format
Trade Paperback

Dimensions

Item Weight
16 Oz
Item Length
8.3 in
Item Width
5.8 in

Additional Product Features

Reviews
"I hope the prose and tone of my summary conveys how much I thoroughly enjoyed and learned from this book. ... Wagner's book provides researchers with a legion of avenues of research for others to help continue to push our science in these (more fruitful) directions and uncover the unseen realities that current mainstream economics hides from our view." (Jonathan W. Plante, The Review of Austrian Economics, Vol. 35 (4), 2022)
Dewey Edition
23
Number of Volumes
1 vol.
Dewey Decimal
339
Table Of Content
1. Macroeconomics as Systems Theory: Setting the Stage.- 2. Models of Social Order: Mechanical vs. Creative.- 3. Structures of Production and Properties of Social Order.- 4. Diachronic Action within an Ecology of Plans.- 5. Kaleidic Economies and Internally Generated Change.- 6. Entangled Political Economy within Human Population Systems.- 7. Public Policy as the Political Calculation of Economic Value.- 8. Money, Credit, and Commanding the Societal Heights.- 9. Reason, Sentiment, and Democratic Action.- 10. Liberalism, Collectivism, and Democracy.
Synopsis
This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society is not pursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complex ecology of plans. That ecology, however, is not reducible to a single plan. Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro.
LC Classification Number
HB172.5

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