Chapter 1. Complexity Theory and Broadened Rationality on Man and Society -- Chapter 2. Influential Linearized Theories on Man and Society -- Chapter 3. Bifurcations, Chaos, and Unpredictability -- Chapter 4. Self-Organization, Catastrophes, and Structural Changes -- Chapter 5 Uncertainties with Power, Wealth, and Sexuality.
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"What do economic chaos and uncertainties mean in rational or irrational economic theories? How do simple deterministic interactions among a few variables lead to unpredictable complex phenomena? Why is complexity of economies causing so many conflicts and confusions worldwide? This book provides a comprehensive introduction to recent developments of complexity theory in economics. It presents different models based on well-accepted economic mechanisms such as the Solow model, Ramsey model, and Lucas model. It is focused on presenting complex behaviors, such as business cycles, aperiodic motion, bifurcations, catastrophes, chaos, and hidden attractors, in basic economic models with nonlinear behavior. It shows how complex nonlinear phenomena are identified from various economic mechanisms and theories. These models demonstrate that the traditional or dominant economic views on evolution of, for instance, capitalism market, free competition, or Keynesian economics, are not generally valid. Markets are unpredictable and nobody knows with certainty the consequences of policies or other external factors in economic systems with simple interactions."
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Chapter 1. Mao Zedong and the Preconditions for the Butterfly Effect -- Chapter 2. Deng Xiaoping Triggered off the Butterfly Effect -- Chapter 3. Confucius as Cultural Capital in Sustaining the Butterfly Effect -- Chapter 4. Spread Education and Devouring Global Knowledge -- Chapter 5. Economic Growth from Hunger with Animal Spirits -- Chapter 6 Uncertain China with Docilely Educated Population.
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"This book explores how the basic concepts of the yin-yang vision, and socioeconomic chaos theory, shed light on American civilization, what it represents, and the natural cycles it is going through. Zhang aims to "find the equations, the mechanisms, of historical evolution...I systematically compare the basic ideas related to virtue and non-government intervention between Confucius (a rationalist and sober ethical system), and Adam Smith.""--
The Time for a Grand Economic Theory -- The Basic Model for the Integration -- An Integration of Walrasian General Ricardian Distribution, and Neoclassical Growth Theories -- Education, National Debts, and Development Traps -- Income and Wealth Inequalities with Racial Human Capital Externalities -- Growth with Public Knowledge and Human Capital -- Population Dynamics with Endogenous Birth and Mortality Rates -- Health, Environment, Resources, and Government -- Preference Change, Social Status, Habits, and Fashion -- Portfolio Choice in General Dynamic Equilibrium -- Money and Unstable Economic Changes -- Growth Theory Enriched by Monopoly, Monopsony, and Game Theories -- Growth and Economic Structure with Perfect and Monopolistic Competition -- Trade Pattern, Tourism, and Global Development -- Alonso's Urban and Solow's Growth Models Integrated -- Miscellaneous Issues and Conclusion. .
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A long march from servility to freedom -- New China founded with anti-confucianism spirit -- Anti-confucian Mao Zedong and his successors -- The CCP as an anti-confucian organization -- Cycles of dissiden movements and campaigns -- Education and science and technology -- Economic development before economic reform -- Economic reform and confucianism -- From anti-Americanism toward Americanization
The book deals with economic issues related to income and wealth among individuals, regions and countries. It presents a general theory with endogenous capital, knowledge and preference changes for an economic system with heterogeneous households, multiple sectors, multiple regions and multiple countries.
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This book is a unique blend of difference equations theory and its exciting applications to economics. It deals with not only theory of linear (and linearized) difference equations, but also nonlinear dynamical systems which have been widely applied to economic analysis in recent years. It studies most important concepts and theorems in difference equations theory in a way that can be understood by anyone who has basic knowledge of calculus and linear algebra. It contains well-known applications and many recent developments in different fields of economics. The book also simulates many models to illustrate paths of economic dynamics. Key Features: A unique book concentrated on theory of discrete dynamical systems and its traditional as well as advanced applications to economics. Mathematical definitions and theorems are introduced in a systematic and easily accessible way. Examples are from almost all fields of economics; technically proceeding from basic to advanced topics. Lively illustrations with numerous figures. Numerous simulation to see paths of economic dynamics. Comprehensive treatment of the subject with a comprehensive and easily accessible approach. Key Features: A unique book concentrated on theory of discrete dynamical systems and its traditional as well as advanced applications to economics. Mathematical definitions and theorems are introduced in a systematic and easily accessible way. Examples are from almost all fields of economics; technically proceeding from basic to advanced topics. Lively illustrations with numerous figures. Numerous simulation to see paths of economic dynamics. Comprehensive treatment of the subject with a comprehensive and easily accessible approach
This book is concerned with dynamic relations between interregional division of labor, division of consumption and determination of prices structure within a perfectly competitive framework in spatial economy. Our analytical framework examines the issues related to interregional dynamics raised in the traditional regional economic theories as well as to provide insights into the issues related to interdependence between knowledge creation and utilization and spatial economies examined by the new international trade theory and new regional economic theory. The comparative advantage of our theory is that in providing rich insights into complex of regional evolution it uses only a few concepts and simplified functional forms and accepts a few assumptions about behavior of consumers, producers and institutional structures over space
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