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Shaking the Invisible Hand: Complexity, Endogenous Money and Exogenous Interest Rates

Shaking the Invisible Hand: Complexity, Endogenous Money and Exogenous Interest Rates

Hardcover

EconomicsInvesting & Finance

ISBN10: 1403999465
ISBN13: 9781403999467
Publisher: Palgrave MacMillan
Published: Apr 4 2006
Pages: 556
Weight: 2.15
Height: 1.40 Width: 6.72 Depth: 9.42
Language: English
This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.

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Economics