This unique work treats economic growth and development in terms of a theory which is applicable to an economy in the post-industrial, developing, and emerging stages. The author uses the theory to analyze and study the growth of an economy through these three stages of development within the framework of the business cycle in disequilibrium. This work has taken on special importance in light of the changing world situation, including the changes in the former Soviet Union, the peace process in the Middle East, and renewed concern for developing and emerging countries. Printed Pages: 268. View More...
New Delhi, Viva Books Private Limited: 2014
Seller ID: 702119
In our contemporary era, two dominant theories in physics exist, and often clash. Einstein’s relativity theory is based on strict determinism, while quantum theory is strictly indeterministic. While Einstein recognized the value of quantum theory, he maintained that it is incomplete, and that the Old One upstairs does not play dice with the world. David Z. Rich’s work is a new theory in physics, based on information theory, utility theory, and probability theory developed in the work, unifying physics, demonstrating that while we can never know if the Old One plays dice with the world, it... View More...