Crisis And Embodied Innovations

This book introduces embodied innovations into the circle of already recognised causes of economic crises. The author shows how issues of investment, accumulation and structural change associated with embodied innovations can be used to monitor potential crisis. The author argues that crises are predictable and manageable in depth.

Autorentext
Volodymyr Vsevolodovych Ryaboshlyk is a Ukrainian economist who has had time to conduct research, teaching, publicist and governmental activities. In the aftermath of the Orange Revolution he held the position of Deputy Minister of Economy of Ukraine.
He received his PhD at the Department of Economic Cybernetics at the Plekhanov Institute of the National Economy, Moscow, Russia; and his MSc in Computer Aided Management Systems (CAM systems) at Kharkiv Polytechnic Institute, Ukraine. He also took the Program for Senior Ukrainian Economists at the Economics Institute in Boulder, Colorado, USA.
His abnormal ideas about a normal crisis were reported at many centres from Tokyo to Paris.

Inhalt

1. Introduction PART I: CRISES AND CYCLES DRIVEN BY EMBODIED INNOVATIONS: REAL ASPECTS 2. The State of the Art Around the Innovations-crisis Link 3. The Innovations-related Cause of Crises Confirmed Through the Prototype Economy 4. The Innovations-related Cause of Crises Confirmed Through the Concrete Economy 5. Empirical Support for the Presence of the Innovations-related Cause in the Current Crisis (Non-financial Roots of the Financial Crisis) PART II: REAL CYCLICAL DYNAMICS in MONETARY ENVIRONMENT 6. Theoretical Basis to Embed the Real into the Financial (Production-Consumption Compromise vs Supply-Demand Paradigm) 7. Dynamics of Prices 8. From Interest Rate to Stocks PART III: PRECURSORS and COMPETITORS 9. Concept of Price. Aristotle vs Marshall 10. Starting Accumulation vs Primitive Accumulation 11. Demando-Mania. Keynes and Demand-deficient Versions of Crisis 12. Wage-profit Distortions in Ireland and Ukraine 13. Bridges to the Cambridge Multisectoral Dynamic Model of the British Economy (MDM)