The Essence of Economics (Value Dynamics)

Author: Li Yuhai
Publisher:
Publish Date: 2004-01-01
Features: The content of this book has the following characteristics:
1. It connects economics and natural sciences. Some economic theories in economics have many structural and objective flaws in many aspects, one of the reasons being their lack of measurability, certainty, and universality. This book defines the fundamental concept of economics—value—using the concept of "energy" in natural sciences, more accurately, it defines the objectivity of value, which undoubtedly lays a material basis for value and finds a measurable possibility for it, while also providing a path for the development of other economic theories. Although current technology cannot fully achieve this goal, it also indicates the trends of value or price changes. This closely connects economics, even sociology, with natural sciences, which is the core idea and content of this book.
2. It connects economic laws with the laws of natural things' development. The development of things has ups and downs, and the economic laws reflected by economics will also change with the ups and downs of things. The book mentions this point, which is very meaningful for improving past economic theories. It also provides a certain foundation for the development of philosophy and economic philosophy, while simultaneously setting higher requirements for future economic theories, although it is not elaborated on extensively, which is related to the central structure of the book.
3. It connects static and dynamic aspects. Time, speed, and other concepts are directly introduced, and the derivation of exchange rate formulas, value, and price formulas are all processed and derived in a dynamic form, showcasing a dynamic mindset vividly.
4. The content is extensive and covers a wide range. The book proposes many new ideas, concepts, and theories, such as "system energy capacity" and the "law of death," enriching the research directions and content of economics.
5. In the citations and reasoning, the book often borrows terms and content from physics and chemistry to explain and prove principles such as "nonlinear price changes," which provides a research method for economics but also sets higher standards for economists' knowledge. This also increases the difficulty of reading the book.
6. The book uses a systematic perspective to briefly analyze topics such as institutions and global economic development, forming its own systematic framework. Reading this book indeed gives a fresh and innovative feeling!