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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Main Author: Beaudreau, Bernard C.
Corporate Author: SpringerLink (Online service)
Format: eBook
Published: Cham Springer International Publishing 2020, 2020
Edition:1st ed. 2020
Series:Lecture Notes in Production Engineering
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • 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