search query: @author Maruyama, M. / total: 20
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Author: | Maruyama, M. |
Title: | New economic thinking : morphogenetic loops and product adaptation. |
Journal: | Futures
1987 : AUG, VOL. 19:4, p. 437-441 |
Index terms: | ECONOMIC THEORY |
Language: | eng |
Abstract: | Two widespread economic superstitions are dispelled - the belief in an inherent equilibrium of the economic system, and the perception of international trade as a zero-sum game. It is argued that morphogenetic casual loops disprove the first assumption, and should be used to aid policy making; and that positive-sum results could be obtained by lifting import restrictions and adapting products for foreign markets. |
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