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Qualitative change and quantitative growth

In: The Rediscovery of Classical Economics

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Abstract

David Simpson skilfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought. In the classical tradition, growth rather than allocative efficiency is the principal object of enquiry, economic phenomena are recognised to be elements of processes rather than structures, and change is evolutionary.

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  • ., 2013. "Qualitative change and quantitative growth," Chapters, in: The Rediscovery of Classical Economics, chapter 3, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:15080_3
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    Cited by:

    1. Mandla Nyathi & Thokozani Khupe & Watchy Ruparanganda, 2016. "From rags to riches and riches to rags again: tale of women informal retail traders in Zimbabwe," International Journal of Social Sciences, International Institute of Social and Economic Sciences, vol. 5(2), pages 58-72, May.
    2. Buchanan, Kathryn & Russo, Riccardo & Anderson, Ben, 2015. "The question of energy reduction: The problem(s) with feedback," Energy Policy, Elsevier, vol. 77(C), pages 89-96.

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    Economics and Finance;

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