Money and Macroeconomics from First Principles for Elon Musk and Other Engineers
Kindle Edition or EPUB + Converted PDF نویسندگان: Stephen Keen, Nick Barbalich
جزئیات
فرمت: Kindle Edition or EPUB + Converted PDF تاریخ انتشار نسخه الکترونیکی : August 9, 2025
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لینک: https://www.amazon.com/dp/B0FLWJ8LXY
245,000 تومان
49,000 تومانبن تخفیف
زمان تحویل: آنی
توضیحات
Elon Musk claims to work from first principles in engineering, but in economics he has argued by analogy.This book applies engineering-style first principles thinking to economics, and reaches radically different conclusions about the economy to those that Musk has put forward, either when he reasons by analogy, or when he channels the thoughts of mainstream economists like Milton Friedman.If you want to understand money and macroeconomics, then this book is for you. It explains money creation using the fundamental laws of accounting, and derives macroeconomics directly from macroeconomic definitions. It shows that complexity and evolutionary change are the key characteristics of a market economy, not the equilibrium between supply and demand.First principles logic leads to very different conclusions about the economy than arise from both reasoning by analogy ("a government is just like a household"), and from accepting conventional "Neoclassical" economics:Private bank lending is more dangerous to economic stability than government spending;Attempts to reduce government debt in the past have actually led to financial crises like the GFC; andThe Global Financial Crisis was caused by a private debt bubble which collapsed in 2007.
245,000 تومان
49,000 تومانبن تخفیف
زمان تحویل: آنی