Overview
- Presents evidence that indicates the existence of a "life cycle" for each of the core economic theories
- Seeks to better understand the contemporary failures of economic policy
- Places 'innovation' as a new concept within political economy
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Table of contents (7 chapters)
Keywords
About this book
Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.
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Bibliographic Information
Book Title: The Political Economy of Innovation Development
Book Subtitle: Breaking the Vicious Cycle of Economic Theory
Authors: Iurii Bazhal
DOI: https://doi.org/10.1007/978-3-319-54852-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-54851-7Published: 17 July 2017
Softcover ISBN: 978-3-319-85501-1Published: 01 August 2018
eBook ISBN: 978-3-319-54852-4Published: 27 June 2017
Edition Number: 1
Number of Pages: IX, 135
Number of Illustrations: 3 b/w illustrations
Topics: Economic Growth, Economic Policy, International Political Economy, R & D/Technology Policy