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HACIA UN NUEVO PARADIGMA ECONÓMICO.
- Source :
-
Revista de Economía Institucional . ene-jun2021, Vol. 23 Issue 44, p311-319. 9p. - Publication Year :
- 2021
-
Abstract
- Endogenous economic growth is a macroeconomic phenomenon in permanent disequilibrium. Ignorance of both aspects has led conventional theory to build models and theories that, although they enjoy formal rigor, do not adequately respond to three problems: 1) the explanation of the exponential growth of GDP per capita; 2) the Harrod instability dilemma; 3) scale problems related to doubly exponential growth. This article presents the new book by Luis Lorente, where a new paradigm is built that allows the integration of real and monetary aspects in a growth theory led by process innovations in permanent disequilibrium. This theory adequately responds to the three problems stated. In this way, new methods are provided to understand and explain the economic dynamics of really existing capitalist economies. [ABSTRACT FROM AUTHOR]
Details
- Language :
- Spanish
- ISSN :
- 01245996
- Volume :
- 23
- Issue :
- 44
- Database :
- Academic Search Index
- Journal :
- Revista de Economía Institucional
- Publication Type :
- Academic Journal
- Accession number :
- 147767008
- Full Text :
- https://doi.org/10.18601/01245996.v23n44.14