Crisis Theory

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A01=David Rich
and Government
Author_David Rich
Category=JPA
Category=KCA
Category=QDHR
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_nobargain
eq_non-fiction
eq_society-politics
Law
Politics

Product details

  • ISBN 9780275957223
  • Weight: 567g
  • Dimensions: 156 x 235mm
  • Publication Date: 28 Oct 1997
  • Publisher: Bloomsbury Publishing Plc
  • Publication City/Country: US
  • Product Form: Hardback
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Challenging chaos theory and catastrophe theory, the author contends that with the fragmented state of knowledge in contemporary times, these dynamic equilibrium-oriented theories are inadequate for generating new knowledge. Arguing that knowledge is dynamic and disequilibrium-oriented, Rich provides a new theoretical approach—crisis theory—and applies it to the problems of economics, politics, and the natural sciences. Crisis theory is constructed to deal with changes in problem areas, to allow for the development of new theories in both existing and emerging problem areas, and to allow for the exchange of information within opposing theories in economics and politics. The book is composed of three parts. Part 1 discusses the role of knowledge and its anti-realism in our contemporary era and establishes the need for a new theory. Part 2 develops the schematic of crisis theory. In Part 3, the theory is applied to the problems of long-term business cycle theories, the nine implications of Mancur Olson's logic, the problems of the postindustrial future-oriented countries, and the paradox of industrialization.
DAVID Z. RICH is an economic consultant, independent researcher, and freelance writer. His most recent books include The Economic Theory of Growth and Development (Praeger, 1994) and The Economics of International Trade (Quorum, 1992).

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