Over more than two centuries the development of economic theory has created a wide array of different theories, concepts and results. Nevertheless, there is no general theory, which mrifies these varied theories into a comprehensive one. Economics has been split between partial and conflicting representations of the functioning of market economies. We have a collection of separate theories such as the Marxian economics, the Keynesian economics, the general equilibrium theory, and the neoclassical growth theory. These diverse economic theories have co-existed but not in a structured relationship with each other. Economic students are trained to understand economic phenomena by severally incompatible theories one by one in the same course. Since the end of Second Wodd War many crises in economic theory have been announced. The economist experienced the crisis of the general equilibrium economics, the crisis of the neoclassical growth economics, the crisis of the Keynesian economics, not to mention the crises of the Marxian economics. It is quite reasonable to expect the loss of confidence in theoretical economics even among professional economists after so many crises in a very short period of time. But a crisis offers new opportmrities for change, either for better or for worse. The past crises in theoretical economics may be perceived as a historical opportmrity to construct a general economic theory by which the traditional theories are integrated into a higher whole.
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Zhang Wei-Bin, Ph.D. (Umeå, Sweden), is Professor at Ritsumeikan Asia Pacific University since 2000. He graduated in 1982 from the Department of Geography, Beijing University. He obtained his master's degree and completed his Ph.D. course at the Department of Civil Engineering, Kyoto University by September 1987. He completed his dissertation on economic growth theory in Sweden, by April 1989. Since then, he had been a researcher at the Swedish Institute for Futures Studies in Stockholm for 10 years. His main research fields are complexity theory in economics (nonlinear economic dynamics, chaos theory, synergetic economics) and sociology, ethics (especially trust and justice), ancient Chinese thought, theory of leadership (focused on Han Feizi and Confucius), American civilization, and the economic development and modernization of Chinese societies (mainland China, Taiwan, Hong Kong, and Singapore), and Japan. He is the sole author of 410 academic articles (200 in international peer-reviewed journals) and 32 academic books in English by well-known international academic publishing houses available on Amazon'. He published two books of poetry (in Chinese) by a well-known publisher in the field. He is an editorial board member of 12 peer-review international journals. He was ranked 4 Top in World among 69211 registered authors in economics in NJP by Sep 2024 (the address below). Prof. Zhang is the editor of the Encyclopedia of Mathematical Models in Economics (in two volumes) which is a part of the unprecedented global effort, The Encyclopedias of Life Support Systems, organized by UNESCO.
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Over more than two centuries the development of economic theory has created a wide array of different theories, concepts and results. Nevertheless, there is no general theory, which mrifies these varied theories into a comprehensive one. Economics has been split between partial and conflicting representations of the functioning of market economies. We have a collection of separate theories such as the Marxian economics, the Keynesian economics, the general equilibrium theory, and the neoclassical growth theory. These diverse economic theories have co-existed but not in a structured relationship with each other. Economic students are trained to understand economic phenomena by severally incompatible theories one by one in the same course. Since the end of Second Wodd War many crises in economic theory have been announced. The economist experienced the crisis of the general equilibrium economics, the crisis of the neoclassical growth economics, the crisis of the Keynesian economics, not to mention the crises of the Marxian economics. It is quite reasonable to expect the loss of confidence in theoretical economics even among professional economists after so many crises in a very short period of time. But a crisis offers new opportmrities for change, either for better or for worse. The past crises in theoretical economics may be perceived as a historical opportmrity to construct a general economic theory by which the traditional theories are integrated into a higher whole. 248 pp. Englisch. Bestandsnummer des Verkäufers 9783540443063
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