Jam Tomorrow?
eBook - ePub

Jam Tomorrow?

Why time really matters in economics

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Jam Tomorrow?

Why time really matters in economics

About this book

We all know time is precious. Despite this, economics generally regards time as a unit of measurement rather than as something inherently valuable. What makes this strange is that economics as a discipline has always been something of an academic cuckoo in the nest, borrowing ideas from elsewhere. While it is over a hundred years since Einstein's theories of relativity revolutionised our concept of time, economics still labours under the old Newtonian conception of it as a sort of fixed, intergalactic tape measure – until now.
In Jam Tomorrow?, Charles Crowson presents a new theory of value at the heart of which lies our ever-changing perception of time. Humans are unique in their degree of self-awareness; particularly the awareness of their existence in time. As the basic economic choice is one of consuming in the present or saving for the future, all such choices are ultimately decisions about time. This means that we alone are the animal that chooses to save, since we alone understand that our actions in the present can affect the future.
Jam Tomorrow? recasts economics as a question of the balance between our needs and desires in the present and those of the future. This makes our changing perception of time a kind of invisible ink that links the micro to the macro, the past to the future, and that offers a new and challenging way of understanding the relationship between value, price, money and credit.

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Yes, you can access Jam Tomorrow? by Charles Crowson in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Contents
  5. Introduction: The Marshmallow Test Redux
  6. Chapter 1: Timely Meditations
  7. Chapter 2: An Englishman’s House Is His Ladder
  8. Chapter 3: For What It’s Worth: the Nature of Value
  9. Chapter 4: The Money Value of Time
  10. Chapter 5: Safety in Numbers: Saving, Investment and the Urge to Count
  11. Chapter 6: Nice in Theory: the Scientific Basis for Economics
  12. Chapter 7: In Search of Free Time: Solving the Economic Problem
  13. Bibliography
  14. Index