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
Publisher: Verso
Published: 02/25/2020
Pages: 272
Binding Type: Paperback
Weight: 0.70lbs
Size: 8.40h x 5.40w x 0.70d
ISBN13: 9781788736480
ISBN10: 1788736486
BISAC Categories:
- Business & Economics | Economics | General
- Political Science | Political Economy
- Political Science | History & Theory | General

About the Author
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.