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Growth Cycles and Multisectoral Economics: the Goodwin Tradition
This book contains a collection of the most significant contributions to some of R.M. Goodwin's ideas, which were presented on the occasion of the outstanding economist's 73rd birthday celebrations held in Modena on February 24th, 1986. The most important feature of this book is the unique combination of papers by economists, econometricians and mathematicians. Their papers deal with the different aspects of Goodwin's celebrated models. The book is divided into three parts. The first part contains five papers which describe Goodwin's scientific life. The second part is more quantitative and contains extensions and modifications to the nonlinear model of growth cycles. The third part is an economic reflection linked to Goodwin's themes. The book presents a combination of both qualitative and quantitative contributions to Goodwin's pioneering works.
Chaotic Economic Dynamics
The new science of chaos was discovered in the analysis of weather. According to the author, economics is equally unpredictable. This book explores the way in which chaos may be used for economic analysis. The author applies the new insights of chaotic dynamics to economics. Given the unpredictable behaviour of economies, this new discipline promises much enlightenment. It has always been assumed that the highly irregular behaviour of economic time series was the consequence of extra-economic disturbances such as political decisions, trade unions, the weather, and foreign trade. Now it has become clear that there can be patterns which explain this confusing behaviour. - ;Capitalism as creative, chaotic evolution by structural change; Classical dynamics: the corn economy; The von Neumann model as a chaotic attractor; Growing in short and long waves; The structural and dynamical instability of the modern economy; An analysis of high and low growth rates; Irregular waves of growth from structural innovation; Dynamical control of economic waves by fiscal policy; A fresh look at traditional cycle models; Chaotic aperiodic behaviour from forced oscillators; Further reading; Index -
The Dynamics Of A Capitalist Economy
In this book Professor Goodwin eschewing fine-scale minutiae or classical mechanics, has addressed the big picture. His work deals with the great issues of: the class struggle a Ia Karl Marx; predator prey dramas of the Lotka- Volterra type; von Neumann's magisterial model of autonomous growth; Harrodian and Sraffian developments of Keynesian systems in their input-output aspects (or accelerator-multiplier aspects). Professor Lionello Punzo of a postwar generation provides additional chapters of multi-sector dynamics, working from and going beyond the aggregate models of Harrod, Domar, and Solow.
God in Reverse
As an artist, architect and urban activist, Richard Goodwin has never been interested in following rules. It is therefore fitting that this monograph, encompassing over four decades of work, is entirely unorthodox.Authored and illustrated by Goodwin (with both archival photographs and recent artwork), God in Reverse fuses biography, fiction, criticism, observation and imagination. It reveals a broad range of philosophies and cultural influences that underpin Goodwin's practice and elaborates on his unique and experimental world-view, as it applies to his architecture, public artworks, sculpture, drawings and performance art.Having studied architecture at both RMIT and UNSW, Goodwin has been ...
Walter Lippmann
The biography of an economist whose work as a journalist helped the American public understand the economics of the Great Depression.
Porosity
Porosity: The Architecture of Invagination changes our view of cities as collections of individual buildings. By prejudicing public space and finding previously undefined public spaces within them, Chiastic Space, it presents ideas for a radically transformed western city. By studying, defining and indexing these spaces, Goodwin has found what a building desires to do next in its determination to facilitate new technologies, new buildingtobuildingconnections and demands on its program.
Making It Happen
When RBS collapsed and had to be bailed out by the taxpayer in the financial crisis of October 2008 it played a leading role in tipping Britain into its deepest economic downturn in seven decades. The economy shrank, bank lending froze, hundreds of thousands lost their jobs, living standards are still falling and Britons will be paying higher taxes for decades to pay the clean-up bill. How on earth had a small Scottish bank grown so quickly to become a global financial giant that could do such immense damage when it collapsed? At the centre of the story was Fred Goodwin, the former chief executive known as "Fred the Shred" who terrorised some of his staff and beguiled others. Not a banker by...
The Hinge of the World
A play on the confrontation between Galileo and his arch-opponent, Pope Urban VIII, the head of a church threatened by Galileo's new natural science. The two men are tied by affection, but separated by doctrine.
Essays in Nonlinear Economic Dynamics
Since the publication of Keynes' General Theory there has been a steady increase in interest in dynamics. With it has only recently come the realization that linear dynamics are very restrictive. This book is a collection of essays on nonlinear economic dynamics, mostly written very recently. They attempt to combine in one integral whole the analysis of cycles and growth, neither of which ever exists in the absence of the other. The essays cover cyclical and unsteady growth, multisectoral models, discrete time and irregularity, Schumpeter's vision and personal statements.
