Laws of Chaos: A Probabilistic Approach to Political Economy

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.

• | Author: Emmanuel Farjoun, Moshe Machover, Emmanuel Farjoun
• | Publisher: Verso
• | Publication Date: Feb 25, 2020
• | Number of Pages: 272 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1788736486
• | ISBN-13: 9781788736480