Macroeconomic Dynamics : An Essay in Circulation Analysis by Bernard Lonergan, Frederick G. Lawrence (Editor), Patrick H. Byrne, Charles Hefling (Editor) Paperback - 368 pages (Vol 15 of "Collected Works of Bernard Lonergan") Univ of Toronto Pr (S); ISBN: 0802081959 ; Dimensions (in inches): 0.92 x 9.24 x 6.09
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This book can be seen as an
outstanding example of Lonergan's attempt to understand a world process in
terms of Emergent Probability. A schematic diagram of this can be seen
by clicking on EPMD
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A review article entitled
"Macroeconomic Dynamics and the Work of Nations: Lonergan and Reich on the
Global Economy", by Paul Hoyt-O'Connor, appears on pages 111-131 of
"Method: Journal of Lonergan Studies" Vol 17 No. 2 for the Fall of
1999. One observation in it is that "Lonergan’s verdict concerning
multinationals in 1975 remains true for global enterprises in 2000. One pivotal
oversight then as now … is the failure to identify pure surplus income and to
grasp the functional meaning of these monies." (Page 129)
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