The Economics of Speed: Machine Speed as the Key Factor in Productivity

Bernard C. Beaudreau

The Economics of Speed: Machine Speed as the Key Factor in Productivity
Format
Paperback
Publisher
Springer Nature Switzerland AG
Country
Switzerland
Published
14 August 2020
Pages
122
ISBN
9783030267155

The Economics of Speed: Machine Speed as the Key Factor in Productivity

Bernard C. Beaudreau

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This is the first book to examine the nuts and bolts of production processes. It proposes a truly consilient approach to modeling production processes - one that goes beyond the vague principles found in standard economics - and provides details that are consistent with the applied mechanics and engineering literature. Providing a credible analysis of some of the most pressing questions of our era, such as the productivity slowdown and the information paradox, and bridging the gap between engineering, applied physics, economics, and management science, this book is a fascinating read for anyone interested in industry, the modern economy, and how physical factors constrain productivity growth.

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