Economic wealth creation and the social division of labour. Volume II, Network economies / Robert P. Gilles.

This textbook introduces and develops new tools to understand the recent economic crisis and how desirable economic policies can be adopted. Gilles provides new institutional concepts for wealth creation, such as network economies, which are based on the social division of labour. This second volume...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Gilles, Robert P. (Author)
Other title:Network economies.
Format: eBook
Language:English
Published: Cham, Switzerland : Palgrave Macmillan, [2019]
Subjects:

MARC

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505 0 |a Commodities, consumption and production -- Wealth creation in primitive economies -- The competitive price mechanism -- Objective specialisation : the Smithian perspective -- Production networks -- Inequality in network economies. 
520 |a This textbook introduces and develops new tools to understand the recent economic crisis and how desirable economic policies can be adopted. Gilles provides new institutional concepts for wealth creation, such as network economies, which are based on the social division of labour. This second volume introduces mathematical theories of the endogenous formation of social divisions of labour through which economic wealth is created. Gilles also investigates the causes of inequality in the social division of labour under imperfectly competitive conditions. These theories frame a comprehensive, innovative and consistent perspective on the functioning of the twenty-first century global economy, explaining many of its failings. Suitable reading for advanced undergraduate, MSc and postgraduate students in microeconomic analysis, economic theory and political economy. 
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