{"product_id":"classical-econophysics-allin-f-cottrell-9780415478489","title":"Classical Econophysics","description":"\u003cp\u003eThis monograph examines the domain of classical political economy using the methodologies developed in recent years both by the new discipline of econo-physics and by computing science. This approach is used to re-examine the classical subdivisions of political economy: production, exchange, distribution and finance.\u003c\/p\u003e\u003cp\u003eThe book begins by examining the most basic feature of economic life - production - and asks what it is about physical laws that allows production to take place. How is it that human labour is able to modify the world? It looks at the role that information has played in the process of mass production and the extent to which human labour still remains a key resource. The Ricardian labour theory of value is re-examined in the light of econophysics, presenting agent based models in which the Ricardian theory of value appears as an emergent property. The authors present models giving rise to the class distribution of income, and the long term evolution of profit rates in market economies. Money is analysed using tools drawn both from computer science and the recent Chartalist school of financial theory.\u003c\/p\u003e\u003cp\u003eCovering a combination of techniques drawn from three areas, classical political economy, theoretical computer science and econophysics, to produce models that deepen our understanding of economic reality, this new title will be of interest to higher level doctoral and research students, as well as scientists working in the field of econophysics.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Allin F. Cottrell,Paul Cockshott,Gregory John Michaelson\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0415478480\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780415478489\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/01\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 384\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.20h x 6.10w x 1.10d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eScitech Book News\u003c\/i\u003e 12\/01\/2009 pg. 4","brand":"Allin F. Cottrell","offers":[{"title":"Hardcover","offer_id":48064925204735,"sku":"9780415478489","price":210.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_a4702f47-8846-4208-a78c-aa08760c884d.jpg?v=1768671961","url":"https:\/\/www.whiterainbookhouse.com\/products\/classical-econophysics-allin-f-cottrell-9780415478489","provider":"WR Book House","version":"1.0","type":"link"}