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Laws of Chaos: A Probabilistic Approach to Political Economy - Paperback

Laws of Chaos: A Probabilistic Approach to Political Economy - Paperback

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by Emmanuel Farjoun (Editor), Moshe Machover (Editor)

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 Biography

Moshé Machover is a mathematician, philosopher, and socialist activist, noted for his writings on the Israeli-Palestinian conflict.

Emmanuel Farjoun teaches mathematics at Hebrew University in Jerusalem.
Number of Pages: 272
Dimensions: 0.7 x 8.4 x 5.4 IN
Publication Date: February 25, 2020