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New Economic Theory: How Reality Surpasses Our Theoretical Models

Autor Vinzenz von Holle
en Limba Engleză Paperback – 24 oct 2024
The standard economic theory, despite its many advantages, has a significant weakness: it is only of limited applicability to the economic reality of practice. Therefore, the book presents a new economic theory that is completely oriented towards the reality of economic practice. In this new theory, human beings are not just actors but constitute the central element from which the theory and everything else derive: work, production, consumption, demand, supply, exchange, trade, markets, stock exchanges, money, state economics, and global economics with all their complexities. Unlike the standard model, the new theory employs a holistic approach in its methodology. With this new and differentiated economic perspective and mindset, the new theory is capable of initiating a paradigm shift in the discipline of economics.
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Specificații

ISBN-13: 9783658451356
ISBN-10: 3658451351
Pagini: 250
Ilustrații: Approx. 250 p.
Dimensiuni: 155 x 235 x 19 mm
Greutate: 0.35 kg
Ediția:2024
Editura: Springer Fachmedien Wiesbaden
Colecția Springer
Locul publicării:Wiesbaden, Germany

Cuprins

Preface.- Introduction.- The unresolved deficiencies of the classical economic standard model and the failure of the theoretical model in practice.- Goods market.- Financial market.- Labor or service market.- The theory of the IS-LM curve and the IS-LM model.- Fundamental criticism of the current economic standard model.- Results of the previous analysis.- The holistic universal view of economics.- The components of economics.- The real functioning of economics.- Summary of the new economic theory.- Time for a reordering of society.

Notă biografică

Dr. Vinzenz von Holle is an economist, entrepreneur, business consultant, and economic researcher. He has been engaged in economic research since the 1990s, focusing particularly on behavioral economics and transformation processes. His studies and work at Harvard University, Georgetown University, and the University of Vienna have shaped him, his work, and his research activities in the socio-economic field. His expertise covers areas such as behavioral economics, risk analysis, economic analysis, management, organizational development and process management, restructuring/crisis management, change management with transformations, quality management, and strategy development.

Textul de pe ultima copertă

The standard economic theory, despite its many advantages, has a significant weakness: it is only of limited applicability to the economic reality of practice. Therefore, the book presents a new economic theory that is completely oriented towards the reality of economic practice. In this new theory, human beings are not just actors but constitute the central element from which the theory and everything else derive: work, production, consumption, demand, supply, exchange, trade, markets, stock exchanges, money, state economics, and global economics with all their complexities. Unlike the standard model, the new theory employs a holistic approach in its methodology. With this new and differentiated economic perspective and mindset, the new theory is capable of initiating a paradigm shift in the discipline of economics.

The Content:
  1. Standard Economic Theory and the Reasons for its Failure in the Real World
  2. New Economic Theory: Evolution of Economic Theory or Socio-Economic Revolution?
  3. Time for a Reordering of Society
  4. Relevance of the New Economic Theory for the Future
About the Author:
Dr. Vinzenz von Holle is an economist, economic researcher, and business consultant. Since the mid-1990s, he has been engaged in academic economic research on topics such as behavioral economics and economic and organizational transformation processes. His studies and work in the United States at Harvard University and Georgetown University, as well as in Europe at the Universities of Vienna and Zurich, have influenced him and his research activities.
His expertise covers areas such as behavioral economics, economic theory, economic analysis, crisis and risk management, change management, restructuring and transformations, as well as organizational and strategic development.

The translation was done with the help of artificial intelligence. A subsequent human revision was done primarily in terms of content.
 
 
 
 


This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.

Caracteristici

Analyzing the weaknesses of the current economic standard theory and its consequences for society Developing a new economic theory based on verifiable and tangible facts Delivers a new vision for economic theory and practice