Conclusions

David Simpson

Chapter 16 in Rethinking Economic Behaviour, 2000, pp 207-212 from Palgrave Macmillan

Abstract: Abstract This book has introduced a new paradigm for understanding how a contemporary advanced market economy works. The economy has been presented as an evolving complex system of interac- tions amongst human beings, where institutions and entrepre- neurial behaviour play a central part, and there are increasing returns to scale at an aggregate level.

Keywords: Market Economy; Democratic Society; Complex Adaptive System; Equilibrium Theory; Postwar Period (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51355-6_16

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DOI: 10.1057/9780230513556_16

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