
Foundations of Economic Development
Arvid Aulin(Author)
Springer (Publisher)
Published on 16. December 2011
Book
Paperback/Softback
XVI, 372 pages
978-3-642-77594-9 (ISBN)
Description
DYNAMIC ECONOMICS with increasing returns is extended to
cope with economic growth, the business cycles and the
irregular swings in the long-term development as different
aspects of the same dynamical system, the economic system
"as a whole".
HUMAN CAPITAL emerges as the seminal concept: economic
growth is in this dynamics causally reduced to the growth of
human capital and thus to the growth of exact scientific
knowledge. An analysis of this knowledge shows that quality
education in hard sciences must be a prime target of future
economic policies.
A CAUSAL STRUCTURE, new in economics, underlies the extended
dynamics. To enable students to study and to improve it, a
detailled introduction to nonlinear causality is given,
emphasizing the points relevant to this causal structure.
NATIONAL ACCOUNTING and input-output dynamics are suggested
to be extended to include also the production prices and
production of human capital and of human time, by using a
method of calculation indicated in detail in the book.
More details
Edition
Softcover reprint of the original 1st ed. 1992
Language
English
Place of publication
Berlin
Germany
Publishing group
Springer Berlin
Target group
Professional and scholarly
Research
Illustrations
XVI, 372 p.
Dimensions
Height: 24.2 cm
Width: 17 cm
Weight
669 gr
ISBN-13
978-3-642-77594-9 (9783642775949)
DOI
10.1007/978-3-642-77592-5
Schweitzer Classification
Other editions
Additional editions

Arvid Aulin
Foundations of Economic Development
Book
09/1992
Springer
€117.69
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Content
I. Human Capital: The Fundamental Concept.- 1. Science and Human Capital.- 2. Enemies of Human Capital.- 3. The Nature of Exact Science.- II. Nonlinear Causality: An Introduction to Higher Analysis of Causal Processes.- 4. Mathematical Dynamics as the Fundamental Method of Causal Science.- 5. Developmental Stages of Mathematical Dynamics.- 6. Causality in Bounded Dynamics: Full Predictability Or Chaos.- 7. Causality in Unbounded Dynamics: Self-steering.- III. Economic Causality: The Reduction to Human Capital.- 8. Extended Input-Output Dynamics and the Concept of National Economy.- 9. The Neoclassical Tradition.- 10. Fundamental Economic Causality: A Generalized Lucasian Dynamics.- IV. The Politico-Cultural Causality of Human Capital.- 11. On the Mathematical Dynamics of Human Action.- 12. The Politico-cultural Factors of Human Capital.- References.- Addendum: The Business Cycles Revisited.