The Economics of Energy and the Production Process is popular PDF and ePub book, written by Guido Buenstorf in 2004-03-25, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Economics of Energy and the Production Process can be Read Online from any device for your convenience.
The Economics of Energy and the Production Process Book PDF Summary
'Guido Buenstorf's book is a splendid attempt to break new ground in the theory of production. Turning away from the ever more abstract - and theoretically empty - production function approach, he shows how changing physical constraints in the utilisation of energy systematically affect production processes in the economy. With his analysis the author challenges the value based approach to production. He outlines the contours of a richer theory, which is capable of accounting for physical and technological aspects without losing sight of their economic implications.' - Ulrich Witt, Max Planck Institute for Research into Economic Systems, Germany 'This book makes a fundamental contribution to economics, in that it deals with production theory from a perspective that integrates economics with engineering and science. It represents a far more realistic interpretation than the standard neoclassical approach and will act as a stimulus for further research in this area.' - Robert U. Ayres, INSEAD, France The economics of energy has been a contested issue over the past century. Although it has not figured prominently in mainstream economics, numerous alternative proposals have called for energy to play a more central role in economic theory. In this highly original and enlightening volume, Guido Buenstorf develops a new conceptual approach to the economics of energy which originates from recent advances in evolutionary economics.
Detail Book of The Economics of Energy and the Production Process PDF
- Author : Guido Buenstorf
- Release : 25 March 2004
- Publisher : Edward Elgar Publishing
- ISBN : 1781957657
- Genre : Business & Economics
- Total Page : 222 pages
- Language : English
- PDF File Size : 12,5 Mb
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