Increasing Returns and Economic Efficiency

  • Authors
  • Yew-Kwang Ng

About this book


Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.


conflict economy efficiency ethics growth infrastructure labour money network pricing production trade

Bibliographic information