{"product_id":"153874531_product","title":"Charles Crowson - Jam Tomorrow? : Why time really matters in economics","description":"New Store Stock\u003cbr\u003e\u003cstrong\u003eAbout this Item\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eThe item is a book Hardback\u003cbr\u003eThe Author Name is Charles Crowson\u003cbr\u003eThe Title is Jam Tomorrow? : Why time really matters in economics\u003cbr\u003e\u003cbr\u003eCondition New\u003cbr\u003e\u003cbr\u003eOther Comments\u003cbr\u003eNew Store Stock\u003cbr\u003eContent Language - English                       \r\u003cbr\u003eCategory - BUSINESS \u0026amp; ECONOMICS \/ Economics \/ Theory\u003cbr\u003ePHILOSOPHY \/ Language\u003cbr\u003eBUSINESS \u0026amp; ECONOMICS \/ Consumer Behavior\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eProduct Description -\u003cbr\u003eOver 100 years ago, Einstein changed the way we understood time from being a fixed measurement to a relative one which, rather than being 'correct' as it had been before, was now 'proper' to the body concerned. While physics, especially at the quantum level, has moved on, economics still labours under the old Newtonian idea of time as some sort of fixed, intergalactic tape measure.   Jam Tomorrow? uses Einstein's conception of time to recalibrate economics in a way which puts time itself at the very heart of the economic calculus where previous ideas like supply and demand or utility held sway.\r\n\r\n Rather than just sitting on the x-axis of every graph, time becomes the key variable underpinning the economic cycle  our collective time horizon extends in a boom and contracts in a recession. Each economic agent, whether an individual, household, corporation or government, has their own time horizon which reflects their specific needs and desires, and it's the interaction of these factors which is the proper topic for economic analysis. At the most fundamental level, every economic decision is one about time because the basic economic choice is one between consuming in the present or delaying that consumption to the future through saving.\r\n\r\n Because humans are unique in their degree of self-awareness and therefore awareness of their existence in time, they alone in the animal kingdom consciously decide to delay consumption since they know that action in the present can affect the future. Economics is therefore the realm of the animal that chooses to save, and that realm is a temporal one.   Jam Tomorrow? builds a new theory of value based on our economic perception of time.\r\n\r\n It redefines the relationship between the idea of value and price which incorporates a new, temporal theory of money and credit, which in turn creates new possibilities in terms of our understanding of economic and market history as well as anticipating how we might react to the economic and environmental challenges of the future.\u003cbr\u003e\u003cp\u003eWhen possible we will add details of the items we are selling to help buyers know what is included in the item for sale. The details are provided automatically from our central master database and can sometimes be wrong.\u003c\/p\u003e\n\n\u003cp\u003eBooks are released in many editions and variations, such as standard edition, re-issue, not for sale, promotional, special edition, limited edition, and many other editions and versions.  The Book you receive could be any of these editions or variations. If you are looking for a specific edition or version please contact us to verify what we are selling.\u003c\/p\u003e\n\n\u003cp\u003e \u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eGift Ideas\u003c\/strong\u003e\u003cbr\u003e\nThis is a great gift idea.\u003c\/p\u003e\n\n\u003cp\u003e \u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eHours of Service\u003c\/strong\u003e\u003cbr\u003e\nWe have many warehouses, some of the warehouses process orders seven days a week, but the Administration Support Staff are located at a head office location, outside of the warehouses, and typically work only Monday to Friday.\u003c\/p\u003e\n\u003cbr\u003eLocation ID 245z\u003cbr\u003e\u003cbr\u003eiHaveit SKU ID 174163416\u003cbr\u003e\u003cbr\u003e","brand":"Whitefox Publishing Ltd","offers":[{"title":"Default Title \/ unisex","offer_id":45413438783732,"sku":"174163416","price":16.14,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/ihaveitmarketplace.com\/products\/153874531_product","provider":"iHaveit","version":"1.0","type":"link"}