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- W3021695220 abstract "Where standard macro theory treats aggregate spending and its components as the primitive variable of analytical interest, this book is predicated on recognition that it is entrepreneurial plans and not spending that is the relevant primitive variable. Spending follows from plans as it is derivative from those plans. Where conventional macro theory treats all plans as synchronized to comport with the requirements of equilibrium theory, the theory presented here treats any plan as being inserted into a preexisting ecology of plans that reflects variable turbulence and not systemic equilibrium. There is a disjunction between the system-level and individual-level of analysis which, moreover, brings into play the long-neglected distinction between ex ante and ex post representations of economic activity." @default.
- W3021695220 created "2020-05-13" @default.
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- W3021695220 date "2020-01-01" @default.
- W3021695220 modified "2023-10-18" @default.
- W3021695220 title "Diachronic Action Within an Ecology of Plans" @default.
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- W3021695220 doi "https://doi.org/10.1007/978-3-030-44465-5_4" @default.
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