Titlebook: Capital and Knowledge; Dynamics of Economic Wei-Bin Zhang Book 1999 Springer-Verlag Berlin Heidelberg 1999 Evolution.Keynes.Nation.Schumpet

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Unemployment in Disequilibrium Dynamics,e existence of labor unemployment is observed in almost all rich, sophisticated and highly technological systems. The history of economic theory shows that it is not an easy matter to theoretically explain the phenomenon. Since Adam Smith there has been a long-traditional belief in economics that fr

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Preference Change with Capital and Knowledge, Taiwan, and Hong Kong have improved rapidly while in other areas, such as the People’s Republic of China, economic conditions have remained at an undeveloped level. Many cultural and political factors help to explain the developmental differences among these Asian nations. One of the main factors d

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Introduction,understand economic phenomena by severally incompatible theories one by one in the same course. Since the end of Second World 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 econo

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Education, Research and Growth,ated to whether or not an increased budget for science will improve living conditions of the society both in short terms and long terms are well raised. A common sense tells us that heavy investment in knowledge creation (for instance, R&D) may either benefit or harm national economic development. F

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Unemployment in Disequilibrium Dynamics,y give incentives for some people to be in unemployment state) for unemployed people by the government, nor a mere ‘survival wage’ rate like in the Marxian economics, nor “friction” of structural adaptations in changeable knowledge-oriented economies. It is obvious that if we allowed any of these ac

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