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

By:

Bernard C Beaudreau

Format:

Paperback / softback

Series:

Lecture Notes in Production Engineering

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Description

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.

Author Biography:

Bernard Beaudreau is a professor and program director in the Department of Economics, University of Laval, Canada. In recent decades, he has focused his work on the underpinnings of productivity growth, with a special emphasis on the physics (mechanics and thermodynamics) of the underlying production processes.

Release date Australia

August 14th, 2020

Author

Bernard C Beaudreau

Series

Lecture Notes in Production Engineering

Pages

122

Edition

1st ed. 2020

Audience

Professional & Vocational

Illustrations

XVI, 122 p.

ISBN-13

9783030267155

Product ID

33827650

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