The Economics of Speed: Machine Speed as the Key Factor in Productivity (Lecture Notes in Production Engineering) - Softcover

Beaudreau, Bernard C.

Softcover

ISBN 10: 3030267156 ISBN 13: 9783030267155

Publisher: Springer, 2020

Synopsis

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.

About this title

About the Author

Bernard Beaudreau is a professor and program director in the Department of Economics, University of Laval, Canada. In recent decades, he has focused his work on the underpinnings of productivity growth, with a special emphasis on the physics (mechanics and thermodynamics) of the underlying production processes.

From the Back Cover

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.

Edition details

• Publisher: Springer
• Publication date: 2020
• Language: English
• ISBN 10: 3030267156
• ISBN 13: 9783030267155
• Binding: Paperback
• Edition number: 1
• Number of pages: 140