The Theory of Aggregate Investment in Closed Economic Systems

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Author :
Publisher : Praeger
ISBN 13 : 9780313307966
Total Pages : 240 pages
Book Rating : 4.3/5 (79 download)

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Book Synopsis The Theory of Aggregate Investment in Closed Economic Systems by : Kofi Kissi Dompere

Download or read book The Theory of Aggregate Investment in Closed Economic Systems written by Kofi Kissi Dompere and published by Praeger. This book was released on 1999 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although economic theory has increased our understanding of some economic problems, it has rendered others, including the problem of capital accumulation, growth, and development, more difficult to understand. Focusing on capitalist economic systems, this book develops a theoretical approach to the study of aggregate capital dynamics. The theory is developed within the Keynesian framework of aggregate thinking and builds on the work of such Cambridge economists as Robinson, Kaldor, and Pasinetti. The approach helps to resolve some theoretical difficulties within the Keynesian framework for studying aggregate investment behavior. Dompere also provides a criticism of the neoclassical investment theory and the general neoclassical theoretical framework for studying aggregate capital accumulation, investment, and growth. Reexamining some questions on investment that earlier theorists have tried to answer, this study develops some of the basic ideas of Keynes, Robinson, Kaldor, and Pasinetti into a general theoretical system that allows an optimal aggregate capital and investment to be determined for a given information set.

General Theory Of Employment , Interest And Money

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Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788126905911
Total Pages : 410 pages
Book Rating : 4.9/5 (59 download)

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Book Synopsis General Theory Of Employment , Interest And Money by : John Maynard Keynes

Download or read book General Theory Of Employment , Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning

Finance & Development, September 2014

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475566980
Total Pages : 60 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Finance & Development, September 2014 by : International Monetary Fund. External Relations Dept.

Download or read book Finance & Development, September 2014 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2014-08-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

Nber Macroeconomics Annual 1993

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Author :
Publisher : MIT Press
ISBN 13 : 9780262521840
Total Pages : 388 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Nber Macroeconomics Annual 1993 by : Olivier Blanchard

Download or read book Nber Macroeconomics Annual 1993 written by Olivier Blanchard and published by MIT Press. This book was released on 1993 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual is designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics

The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems by : K. K. Dompere

Download or read book The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems written by K. K. Dompere and published by Praeger. This book was released on 1999-11-30 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on his companion volume on closed economic systems, Dompere develops a theory of aggregate investment, optimal capital, and output dynamics for open economic systems under neo-Keynesian conditions with special reference to growth policy. By constructing and tracing the path of equilibrium aggregate investment, the study isolates and analyzes the internal and external factors that influence the adjusting of investment to aggregate finance and profit. It examines the role international trade and finance play in alleviating domestic technological and savings constraints on capital creation and growth. The theory's conclusions are used to analyze the rate of accumulation and finance needed to support a rate of output growth selected as part of an internal aggregate decision process. The analysis is extended to aggregrate development capital-output planning. The study goes on to discuss conceptual and aggregational problems of measures of economic openness implied in the data requirements across national economies. Here a unique set of theoretical measures of economic openness, different from the traditional, is developed. The book, further, presents a critique and appraisal of the essential capital elements implied by endogenous growth theory.

Essential Economics

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Author :
Publisher : Bloomberg Press
ISBN 13 : 9781861975805
Total Pages : 282 pages
Book Rating : 4.9/5 (758 download)

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Book Synopsis Essential Economics by : Matthew Bishop

Download or read book Essential Economics written by Matthew Bishop and published by Bloomberg Press. This book was released on 2004-05-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The General Theory of Employment, Interest and Money

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (17 download)

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Book Synopsis The General Theory of Employment, Interest and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Info-Dynamics: Rational Foundations of Information-Knowledge Dynamics

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Author :
Publisher : Springer
ISBN 13 : 331963853X
Total Pages : 208 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis The Theory of Info-Dynamics: Rational Foundations of Information-Knowledge Dynamics by : Kofi K. Dompere

Download or read book The Theory of Info-Dynamics: Rational Foundations of Information-Knowledge Dynamics written by Kofi K. Dompere and published by Springer. This book was released on 2017-12-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the development of a theory of info-dynamics to support the theory of info-statics in the general theory of information. It establishes the rational foundations of information dynamics and how these foundations relate to the general socio-natural dynamics from the primary to the derived categories in the universal existence and from the potential to the actual in the ontological space. It also shows how these foundations relate to the general socio-natural dynamics from the potential to the possible to give rise to the possibility space with possibilistic thinking; from the possible to the probable to give rise to possibility space with probabilistic thinking; and from the probable to the actual to give rise to the space of knowledge with paradigms of thought in the epistemological space. The theory is developed to explain the general dynamics through various transformations in quality-quantity space in relation to the nature of information flows at each variety transformation. The theory explains the past-present-future connectivity of the evolving information structure in a manner that illuminates the transformation problem and its solution in the never-ending information production within matter-energy space under socio-natural technologies to connect the theory of info-statics, which in turn presents explanations to the transformation problem and its solution. The theoretical framework is developed with analytical tools based on the principle of opposites, systems of actual-potential polarities, negative-positive dualities under different time-structures with the use of category theory, fuzzy paradigm of thought and game theory in the fuzzy-stochastic cost-benefit space. The rational foundations are enhanced with categorial analytics. The value of the theory of info-dynamics is demonstrated in the explanatory and prescriptive structures of the transformations of varieties and categorial varieties at each point of time and over time from parent–offspring sequences. It constitutes a general explanation of dynamics of information-knowledge production through info-processes and info-processors induced by a socio-natural infinite set of technologies in the construction–destruction space.

The Theory of Info-Statics: Conceptual Foundations of Information and Knowledge

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Author :
Publisher : Springer
ISBN 13 : 3319616390
Total Pages : 213 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis The Theory of Info-Statics: Conceptual Foundations of Information and Knowledge by : Kofi K. Dompere

Download or read book The Theory of Info-Statics: Conceptual Foundations of Information and Knowledge written by Kofi K. Dompere and published by Springer. This book was released on 2017-07-06 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the development of a theory of info-statics as a sub-theory of the general theory of information. It describes the factors required to establish a definition of the concept of information that fixes the applicable boundaries of the phenomenon of information, its linguistic structure and scientific applications. The book establishes the definitional foundations of information and how the concepts of uncertainty, data, fact, evidence and evidential things are sequential derivatives of information as the primary category, which is a property of matter and energy. The sub-definitions are extended to include the concepts of possibility, probability, expectation, anticipation, surprise, discounting, forecasting, prediction and the nature of past-present-future information structures. It shows that the factors required to define the concept of information are those that allow differences and similarities to be established among universal objects over the ontological and epistemological spaces in terms of varieties and identities. These factors are characteristic and signal dispositions on the basis of which general definitional foundations are developed to construct the general information definition (GID). The book then demonstrates that this definition is applicable to all types of information over the ontological and epistemological spaces. It also defines the concepts of uncertainty, data, fact, evidence and knowledge based on the GID. Lastly, it uses set-theoretic analytics to enhance the definitional foundations, and shows the value of the theory of info-statics to establish varieties and categorial varieties at every point of time and thus initializes the construct of the theory of info-dynamics.

THEORIES OF KNOWING AND KNOWLEDGE PRODUCTION

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Author :
Publisher : Springer Nature
ISBN 13 : 3031428633
Total Pages : 645 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis THEORIES OF KNOWING AND KNOWLEDGE PRODUCTION by : KOFI KISSI. DOMPERE

Download or read book THEORIES OF KNOWING AND KNOWLEDGE PRODUCTION written by KOFI KISSI. DOMPERE and published by Springer Nature. This book was released on 2023 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost-Benefit Analysis and the Theory of Fuzzy Decisions

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Author :
Publisher : Springer
ISBN 13 : 3540444491
Total Pages : 356 pages
Book Rating : 4.5/5 (44 download)

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Book Synopsis Cost-Benefit Analysis and the Theory of Fuzzy Decisions by : Kofi Kissi Dompere

Download or read book Cost-Benefit Analysis and the Theory of Fuzzy Decisions written by Kofi Kissi Dompere and published by Springer. This book was released on 2013-03-20 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criticism is the habitus of the contemplative intellect, whereby we try to recognize with probability the genuine quality of a l- erary work by using appropriate aids and rules. In so doing, c- tain general and particular points must be considered. The art of interpretation or hermeneutics is the habitus of the contemplative intellect of probing into the sense of somewhat special text by using logical rules and suitable means. Note : Hermeneutics differs from criticism as the part does from the whole. Antonius Gvilielmus Amo Afer (1727) There is no such thing as absolute truth. At best it is a subj- tive criterion, but one based upon valuation. Unfortunately, too many people place their fate in the hands of subjective without properly evaluating it. Arnold A. Kaufmann and Madan M. Gupta The development of cost benefit analysis and the theory of fuzzy decision was divided into two inter-dependent structures of identification and measurement theory on one hand and fuzzy value theory one the other. Each of them has sub-theories that constitute a complete logical system.

Theory of Philosophical Consciencism

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Author :
Publisher : Adonis and Abbey Publishers
ISBN 13 : 1909112666
Total Pages : 462 pages
Book Rating : 4.9/5 (91 download)

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Book Synopsis Theory of Philosophical Consciencism by : Dompere, Kofi Kissi

Download or read book Theory of Philosophical Consciencism written by Dompere, Kofi Kissi and published by Adonis and Abbey Publishers. This book was released on 2017-09-24 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Theory of Philosophical Consciencism, Professor Dompere establishes how Nkrumah used the theory of categorical conversion housing the necessary conditions of transformation to design strategies for creating the sufficient conditions for socio-political transformations. The theory of Philosophical Consciencism is about the institutionally destruction-creation process for socio-political transformation. The theory shows the scientific contributions of Nkrumah's thinking to the solution of the transformation problem in science and its application to social systemicity, where Nkrumah's analytical weapons were drawn from African conceptual system. The theory is developed as logico-mathematical foundations that guide the internal management of the command-control decision-choice systems for creative destruction of socio-political varieties in transformations through the development of qualitative mathematics making possible the construct of qualitative equations of motion for connecting varieties in qualitative transfers. The qualitative equations of motion through the Philosophical Consciencism constitute the sufficient conditions for transformations. The theory links rationality, intentionality, experiential information structure, defective-deceptive information structures in the control-dynamic games of power and dominance by the duals and poles under the principle of opposites with relational continua and unity relative to decision-choice systems that induce negation-negation transformations, where paths are established by the history of success-failure outcomes in the socially control-dynamic zero-sum games between the duals in any duality and between the poles of any actual-potential polarity. The main premise of the monograph is that there exists a set of sufficient conditions in support of the necessary conditions for internal transformation of socio-natural varieties. The theory is useful in understanding developmental processes and multi-polar-power zero-sum games for global dominance. The necessary conditions constitute the natural necessity that constrains cognitive freedom. The sufficient conditions constitute cognitive freedom that must overcome the necessity in socio-natural systems dynamics. Had this conceptual system been familiar to African leaders, the African transformation from colonialism to complete emancipation, rather than neocolonialism, would have been increasingly successful. This holds for those seeking triumph over injustices, oppression, imperialism and social change in all systems.

The Theory of Epistemic Fields

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Publisher : Springer Nature
ISBN 13 : 3031424700
Total Pages : 581 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis The Theory of Epistemic Fields by : Kofi Kissi Dompere

Download or read book The Theory of Epistemic Fields written by Kofi Kissi Dompere and published by Springer Nature. This book was released on 2024 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is about the development of the theory of epistemic fields with the corresponding relational and information fields as a framework for the understanding of strategies and tactics of the theory of knowing as the production of intellectual investment flows and the theory of knowledge accumulation as the production of intellectual capital stocks in systems of factories and departments providing the foundations for the development of open algorithms in the open space of problem-solution dualities. The concepts and the roles of thinking and reasoning with curiosity, creativity, hope, Ill-posed problems, phantom problems, unsolved problems, misinformation, disinformation, fake news, and courage are introduced, defined, and analyzed on the cognitive journeys over the space of ignorance-knowledge dualities, where dualistic-polar conflicts between duals in the space of ignorance-knowledge dualities are resolved with the instruments of fuzzy optimization, the results of which are used to induced the zones of ignorance, the zones of knowledge, and the zones of contentions. A complete development of the set of connecting paths of spaces and sub-spaces is provided, where all varieties, categories, and spaces reside in dualistic-polar structures with knowledge stock viewed as a single tree with the same roots, one trunk, many branches, and a fruit cocktail. The ontological space contains the space of actual-potential dualities as the primary category of knowing, and the epistemological space contains the space of imagination-reality dualities as the derived category of knowing within the space of primary-derived dualities. The space of potentials contains the space of imaginations which contains the sub-spaces of possibility-impossibility, probability-improbability, and possibility-probability dualities with corresponding spaces of necessity-freedom and anticipation-expectation dualities leading to the conception of the possible-world-impossible-world dualities in the space of semantic-non-semantic dualities. This book is also a continuation of the sequence of my works on the theories of paradigms of thought, rationality, info-statics, info-dynamics, entropy, problem-solution dualities in self-contained mathematics and philosophy, and their relational connectivity to information, language, knowing, knowledge, cognitive practices and open maching learning relative to nominalism, and the space of construction-reduction dualities over the spaces of fundamental-applied, production-consumption, input-output, and cost-benefit dualities.

Cost-Benefit Analysis and the Theory of Fuzzy Decisions

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9783540221548
Total Pages : 424 pages
Book Rating : 4.2/5 (215 download)

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Book Synopsis Cost-Benefit Analysis and the Theory of Fuzzy Decisions by : K. K. Dompere

Download or read book Cost-Benefit Analysis and the Theory of Fuzzy Decisions written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2004-07-02 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is devoted to the identification and measurement theory of costs and benefits in a fuzzy information environment. The process of cost-benefit analysis is presented, requiring the development of real cost-benefit databases and the construction of cost-benefit criterion. These steps are accomplished with various theoretical constructs that provide sets of self-contained algorithms for application. This book integrates cost-benefit analysis, theory of fuzzy decisions and social decisions into unified decision algorithms accessible to practitioners, researchers, and graduate students. It features the essentials of fuzzy mathematics and algorithms in a comprehensive way, exposing a multi-disciplinary approach for the development of cost-benefit decision making in the framework of fuzziness and soft computing.

The Theory of Categorial Conversion

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Author :
Publisher : Adonis and Abbey Publishers
ISBN 13 : 1909112674
Total Pages : 409 pages
Book Rating : 4.9/5 (91 download)

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Book Synopsis The Theory of Categorial Conversion by : Dompere, Kofi Kissi

Download or read book The Theory of Categorial Conversion written by Dompere, Kofi Kissi and published by Adonis and Abbey Publishers. This book was released on 2017-09-17 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of Categorial Conversion is advanced by Professor Kofi Kissi Dompere as mathematical-philosophical and game-theoretic foundations to solve the problem of socio-natural transformation as governed by some internal process in relation to Marx, Schumpeter and Nkrumah. Dompere's methodology is based on the Africentric principles of opposites made up of actual-potential polarity, negative-positive duality with relational continuum and unity under cost-benefit rationality and Asantrofi-Anoma principle supported by fuzzy paradigm of thought. Socio-natural transformations are seen in terms of game theories in a fuzzy-stochastic space admitting of defective-deceptive information structures in quality-quantity space within the subjective-objective duality. The main premise of the monograph is that there exists a set of necessary and sufficient conditions for internal self-transformation. The necessary conditions are made up of categorial moments and categorial transfer functions forming the domain of control instrumentation in creating the sufficient conditions for categorial-conversion processes. Dompere presents an important methodological framework for the study and construction of the theories of socioeconomic development and political change, as well as info-dynamics connecting knowledge, sciences, innovation and engineering to the space of knowing, under qualitative-quantitative transformational dynamics with defective-deceptive information structures in the games for power and dominance by duals and poles in conflicts. The necessary conditions of socio-natural transformation are internally derived based on the relational structure of matter-energy-information activities within the dynamics of qualitative dispositions of dualities of actual-potential polarities. The theory consists of category formation showing ontological-epistemological categories, and categorial dynamics shows elemental conversions of categorial varieties in a continuum. The logical tools and the paradigm of thought for the theoretical development of Nkrumah's framework involve self-excitement, self-correction and self-control systems induced by internal contradictions. The set of necessary conditions constitutes the natural necessity that constrains cognitive freedom in socio-natural transformations. Had this conceptual system been familiar to economists and social scientists, the construct of the theories of socioeconomic development and transformations would have been increasingly successful.

A General Theory of Entropy

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Author :
Publisher : Springer
ISBN 13 : 3030181596
Total Pages : 286 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis A General Theory of Entropy by : Kofi Kissi Dompere

Download or read book A General Theory of Entropy written by Kofi Kissi Dompere and published by Springer. This book was released on 2019-08-02 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an epistemic framework for dealing with information-knowledge and certainty-uncertainty problems within the space of quality-quantity dualities. It bridges between theoretical concepts of entropy and entropy measurements, proposing the concept and measurement of fuzzy-stochastic entropy that is applicable to all areas of knowing under human cognitive limitations over the epistemological space. The book builds on two previous monographs by the same author concerning theories of info-statics and info-dynamics, to deal with identification and transformation problems respectively. The theoretical framework is developed by using the toolboxes such as those of the principle of opposites, systems of actual-potential polarities and negative-positive dualities, under different cost-benefit time-structures. The category theory and the fuzzy paradigm of thought, under methodological constructionism-reductionism duality, are used in the fuzzy-stochastic and cost-benefit spaces to point to directions of global application in knowing, knowledge and decision-choice actions. Thus, the book is concerned with a general theory of entropy, showing how the fuzzy paradigm of thought is developed to deal with the problems of qualitative-quantitative uncertainties over the fuzzy-stochastic space, which will be applicable to conditions of soft-hard data, fact, evidence and knowledge over the spaces of problem-solution dualities, decision-choice actions in sciences, non-sciences, engineering and planning sciences to abstract acceptable information-knowledge elements.

Introduction to Modern Economic Growth

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Publisher : Princeton University Press
ISBN 13 : 1400835771
Total Pages : 1009 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Introduction to Modern Economic Growth by : Daron Acemoglu

Download or read book Introduction to Modern Economic Growth written by Daron Acemoglu and published by Princeton University Press. This book was released on 2008-12-15 with total page 1009 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Nobel Prize–winning economist Daron Acemoglu, an incisive introduction to economic growth Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: https://press.princeton.edu/titles/8970.html For Professors only: To access a complete solutions manual online, email us at: [email protected]