Trading Economics by Zhenying Wang

Trading Economics by Zhenying Wang

This book reconstructs the theoretical framework of economics by examining the concept of trading, the trading network, and the evolution of a trading system, tied together by the notion of “bounded rationality.” Trading economics uproots the theoretical paradigm of mainstream economics and enables timeworn economic thinking to deal with the various complex phenomena of the modern economy.

Mainstream economic theories see growth as the combined result of family and enterprise activities. Based on this understanding, established economic policies all focus on how to effectively influence the behavior of trading agents. Trading economics, by contrast, believes economic growth is the product of the activities of a self-organizing network of families and enterprises, rather than a simple superposition of the behaviors of trading agents. In policy design, trading economics looks to maintain the structural integrity of the trading network and the stability of the trading cycle.

Mr. Wang Zhenying is the Director General of Research and Statistics Department, the People's Bank of China (PBC) Shanghai Head Office. The positions he held include Deputy Director General of Financial Market Department, PBC Shanghai Head Office, and Director of Macroeconomic Analysis Division, Research and Statistics Department, PBC, etc. From 1991 to 1994, he studied at Population Research Institute, Renmin University of China, majoring in statistics, and got PhD Degree in 1994. From 1988 to 1991, he studied at Department of mathematics, Sichuan University, majoring in applied mathematics, and got Master degree in 1991. From 1979 to 1983, he studied at Xinxiang Normal College (later renamed Henan Normal University), majoring in mathematics, and got Bachelor degree in 1983. In 1996, he was at Florida International University as a senior visiting scholar for one year, devoted to the research of economic theory.

SKU	Unavailable
ISBN 13	9789819998746
ISBN 10	9819998743
Title	Trading Economics
Author	Zhenying Wang
Series	Contributions To Economics
Condition	Unavailable
Binding Type	Hardback
Publisher	Springer Verlag, Singapore
Year published	2024-05-04
Number of pages	594
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.