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Macroeconomics as systems theory = t...

Wagner, Richard E.

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Macroeconomics as systems theory = transcending the micro-macro dichotomy /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Macroeconomics as systems theory/ by Richard E. Wagner.
Reminder of title:	transcending the micro-macro dichotomy /
Author:	Wagner, Richard E.
Published:	Cham :Springer International Publishing : : 2020.,
Description:	xiii, 313 p. :ill., digital ;24 cm.
[NT 15003449]:	1. Macroeconomics as Systems Theory: Setting the Stage -- 2. Models of Social Order: Mechanical vs. Creative -- 3. Structures of Production and Properties of Social Order -- 4. Diachronic Action within an Ecology of Plans -- 5. Kaleidic Economies and Internally Generated Change -- 6. Entangled Political Economy within Human Population Systems -- 7. Public Policy as the Political Calculation of Economic Value -- 8. Money, Credit, and Commanding the Societal Heights -- 9. Reason, Sentiment, and Democratic Action -- 10. Liberalism, Collectivism, and Democracy.
Contained By:	Springer eBooks
Subject:	Macroeconomics. -
Online resource:	https://doi.org/10.1007/978-3-030-44465-5
ISBN:	9783030444655

Macroeconomics as systems theory = transcending the micro-macro dichotomy /
Wagner, Richard E.

Macroeconomics as systems theorytranscending the micro-macro dichotomy /[electronic resource] :by Richard E. Wagner. - Cham :Springer International Publishing :2020. - xiii, 313 p. :ill., digital ;24 cm.

1. Macroeconomics as Systems Theory: Setting the Stage -- 2. Models of Social Order: Mechanical vs. Creative -- 3. Structures of Production and Properties of Social Order -- 4. Diachronic Action within an Ecology of Plans -- 5. Kaleidic Economies and Internally Generated Change -- 6. Entangled Political Economy within Human Population Systems -- 7. Public Policy as the Political Calculation of Economic Value -- 8. Money, Credit, and Commanding the Societal Heights -- 9. Reason, Sentiment, and Democratic Action -- 10. Liberalism, Collectivism, and Democracy.

This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society is not pursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complex ecology of plans. That ecology, however, is not reducible to a single plan. Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro.

ISBN: 9783030444655

Standard No.: 10.1007/978-3-030-44465-5doiSubjects--Topical Terms:

648810
Macroeconomics.

LC Class. No.: HB172.5 / .W346 2020

Dewey Class. No.: 339

Macroeconomics as systems theory = transcending the micro-macro dichotomy /
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245 1 0 $a Macroeconomics as systems theory $h [electronic resource] : $b transcending the micro-macro dichotomy / $c by Richard E. Wagner.
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300 $a xiii, 313 p. : $b ill., digital ; $c 24 cm.
505 0 $a 1. Macroeconomics as Systems Theory: Setting the Stage -- 2. Models of Social Order: Mechanical vs. Creative -- 3. Structures of Production and Properties of Social Order -- 4. Diachronic Action within an Ecology of Plans -- 5. Kaleidic Economies and Internally Generated Change -- 6. Entangled Political Economy within Human Population Systems -- 7. Public Policy as the Political Calculation of Economic Value -- 8. Money, Credit, and Commanding the Societal Heights -- 9. Reason, Sentiment, and Democratic Action -- 10. Liberalism, Collectivism, and Democracy.
520 $a This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society is not pursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complex ecology of plans. That ecology, however, is not reducible to a single plan. Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro.
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