{"product_id":"a-critique-of-orthodox-economics-h-lydall-9780333725412","title":"A Critique of Orthodox Economics: An Alternative Model","description":"Modern neoclassical economics is a theory of general equilibrium. It is based on highly unrealistic assumptions and yields a number of false predictions. The alternative model, presented in this book, uses a wider definition of technology, and emphasises the role of the entrepreneur as the primary agent of change. Because it takes time for firms to improve their technology, and to acquire the necessary finance for expansion, there are wide differences in firm sizes, and in their profitability. The competitive struggle to develop better technology raises the level of productivity of the whole economy, and leads to higher real incomes.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e H. Lydall\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0333725417\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780333725412\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/09\/1998\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 190\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.90lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.50h x 5.50w x 0.63d","brand":"H. Lydall","offers":[{"title":"Hardcover","offer_id":47421469360383,"sku":"9780333725412","price":109.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_cb1da244-ecfa-4aab-ac55-4b699ab5470f.jpg?v=1761526892","url":"https:\/\/www.whiterainbookhouse.com\/products\/a-critique-of-orthodox-economics-h-lydall-9780333725412","provider":"WR Book House","version":"1.0","type":"link"}