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

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 e...

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Bibliographic Details
Main Author: Beaudreau, Bernard C.
Format: eBook
Language:English
Published: Cham Springer International Publishing 2020, 2020
Edition:1st ed. 2020
Series:Lecture Notes in Production Engineering
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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245 0 0 |a The Economics of Speed: Machine Speed as the Key Factor in Productivity  |h Elektronische Ressource  |c by Bernard C. Beaudreau 
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300 |a XVI, 122 p  |b online resource 
505 0 |a Chapter 1. Introduction -- Chapter 2. The Trouble with Production Theory -- Chapter 3. The Economies of Speed, KE=1/2mv2 and the Productivity Slowdown -- Chapter 4. The Kinetics Approach to Production: Theory and Evidence -- Chapter 5. The Profitability of Speed-Ups -- Chapter 6. The End of the Age of Speed and The Productivity Slowdown -- Chapter 7. The Physical Limits to Economic Growth by R&D-Funded Innovation -- Chapter 8. Speed and the Great Depression -- Chapter 9. Summary and Conclusions 
653 |a Industrial Management 
653 |a Mechanical Power Engineering 
653 |a Electric power production 
653 |a Production management 
653 |a Industrial organization 
653 |a Production 
653 |a Machines, Tools, Processes 
653 |a Manufactures 
653 |a Electrical Power Engineering 
653 |a Industrial Organization 
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490 0 |a Lecture Notes in Production Engineering 
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520 |a 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