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Time and Economics : The Concept of Functional Time / by Željko Rohatinski

Publisher (Cham : Springer International Publishing : Imprint: Palgrave Macmillan)
Year 2017
Edition 1st ed. 2017.
Authors *Rohatinski, Željko author
SpringerLink (Online service)

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OB00153088 Springer Economics and Finance eBooks (電子ブック) 9783319617053

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Material Type E-Book
Media type 機械可読データファイル
Size XXIII, 259 p. 8 illus : online resource
Notes Chapter 1. Introduction -- Part I. The Functional Time Hypothesis -- Chapter 2. Time as an Objective Category.- Chapter 3. Time as a Subjective Category.- Part II. The Structure and Character of Economic Activity -- Chapter 4. Historical Character -- Chapter 5. Circular Character.- Chapter 6. Components and Course -- Chapter 7. Causal Relations.- Chapter 8. Structural Relations.- Chapter 9. Equilibrium Relations.- Chapter 10. Modelling Economic Activity -- Part III. Economic Activity in Time and the Character of Functional Time -- Chapter 11. Functional Time.- Chapter 12. The Relative Character of Functional Time.- Chapter 13. The Time Determination of Economic Activity -- Chapter 14. Concluding Remarks
This book links the philosophical perception of time and Einstein’s theory of special relativity to economic processes, showing that the phenomena of time dilation and length contraction seen in physics can be identified within – and adapted to – an economic framework. The author expands on Marx’s model of reproduction with the additional variable of time, which is represented as a relative or functional category. In addition to allowing a more precise understanding of both static and dynamic relations between economic systems, this concept examines approaches to time proposed by Smith, Marshall and Keynes, and challenges the equilibrium and disequilibrium economic models. Rohatinski suggests that by understanding the differences in economic activity perceived across different time periods we are better able to influence that activity at micro- and macroeconomic levels. 
HTTP:URL=https://doi.org/10.1007/978-3-319-61705-3
Subjects LCSH:Economic theory
LCSH:Philosophy and science
LCSH:Economic history
LCSH:Economic policy
LCSH:Economics
LCSH:Regional economics
LCSH:Spatial economics
FREE:Economic Theory/Quantitative Economics/Mathematical Methods
FREE:Philosophy of Science
FREE:History of Economic Thought/Methodology
FREE:Political Economy/Economic Systems
FREE:Regional/Spatial Science
Classification LCC:HB1-846.8
DC23:330.1
ID 8000059900
ISBN 9783319617053

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