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
Table of Contents:
  • 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