The Economy, Present Continuous:Theory of Economic Time

Elena Popkova
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Elena Popkova: Peoples' Friendship University of Russia (RUDN University), Russia

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book explains complex scientific concepts using simple and understandable illustrations and practical examples. For example, the competition between countries in the world economy is compared to motor racing, time savings are illustrated through the example of a masquerade ball, and the cyclical effect of time on the economy is reflected through the prism of changing seasons. It presents amazing phenomena and processes of economic time, including "economic vintage", "the time machine in the economy", "youth" and "old age" of the economy, its "growing up", "the economic calendar", "catching up", and "forward-looking" development. This book will therefore be interesting not only to members of the scientific community but also to non-academic readers — to everyone who wants to understand the nature of economic time.

Keywords: Time as an Economic Category; Time Machine in Economy; Economic “Vintage”; “Underdevelopment Whirlpools”; Theory of Innovation (search for similar items in EconPapers)
JEL-codes: A1 (search for similar items in EconPapers)
Date: 2024
ISBN: 9789811279188
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