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Work finishedjournalistic style, this book introduces a new economics technology, Econodynamics-a scientific alternative to answer the unsolved problems of conventional economics. Field and Pressel make surprising and sometimes controversial sense of any economy based on the dynamic principles of Newtonian physics and engineering. The new economics describe causal relationships and includes all the components of the economy, distinguishing between the macrostructure of the economy and the data it generates and verifying equations that describe our economy’s macrostructure with data generated by the economy itself.
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Work finishedjournalistic style, this book introduces a new economics technology, Econodynamics-a scientific alternative to answer the unsolved problems of conventional economics. Field and Pressel make surprising and sometimes controversial sense of any economy based on the dynamic principles of Newtonian physics and engineering. The new economics describe causal relationships and includes all the components of the economy, distinguishing between the macrostructure of the economy and the data it generates and verifying equations that describe our economy’s macrostructure with data generated by the economy itself.