Laws of Chaos: A Probabilistic Approach to Political Economy
02/2020 · Verso Books
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272
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Classic work of political economics
In this classic work of political economy, Emmanuel Farjoun and Moshé Machover rebuild two fundamental concepts of the discipline: price and profit. They redefine the basic notions of political economy, relying on probabilistic–statistical methods of the kind used in the modern foundations of other sciences. This amounts to a rigorous new foundation of the labour theory of value.
A defining work of Econophysics, republished for the first time since 1983, Laws of Chaos remains a challenging, innovative work of Marxist economics.
In this classic work of political economy, Emmanuel Farjoun and Moshé Machover rebuild two fundamental concepts of the discipline: price and profit. They redefine the basic notions of political economy, relying on probabilistic–statistical methods of the kind used in the modern foundations of other sciences. This amounts to a rigorous new foundation of the labour theory of value.
A defining work of Econophysics, republished for the first time since 1983, Laws of Chaos remains a challenging, innovative work of Marxist economics.
Acerca do autor
Moshé Machover is a mathematician, philosopher, and socialist activist, noted for his writings on the Israeli–Palestinian conflict.
Emmanuel Farjoun teaches mathematics at Hebrew University in Jerusalem.
Emmanuel Farjoun teaches mathematics at Hebrew University in Jerusalem.
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