The Rediscovery of Classical Economics

David Simpson

in Books from Edward Elgar Publishing

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. 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.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: B0 (search for similar items in EconPapers)
Date: 2013
ISBN: 9781781951965
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Chapters in this book:

Ch 1 Introduction

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Ch 2 Human behaviour

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Ch 3 Qualitative change and quantitative growth

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Ch 4 Adaption, emergence and evolution

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Ch 5 Seld-organization and complexity

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Ch 6 Markets, competition and entrepreneurship

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Ch 7 Specialisation and growth

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Ch 8 Prosperity and recession

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Ch 9 Government

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Ch 10 The rediscovery of classical econoics

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