The Geometry of Economic Space

Potts, Jason (1999) The Geometry of Economic Space. Discussion Paper no. 267, Department of Economics, The University of Queensland.

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Author Potts, Jason
Title The Geometry of Economic Space
School, Department or Centre Department of Economics
Institution The University of Queensland
Open Access Status Other
Report Number Discussion Paper no. 267
Publication date 1999-12-01
Subject 340100 Economic Theory
Abstract/Summary In this paper, I show that there are two funamental spaces over which to construct economic theory: an integral space (a field, Rn), and a non-integral space (a graph, S). I then argue that the body of heterodox critique of the neoclassical and neowalrasian economics over the course of this century can be reduced to a single, simple point: namely, that the geometry of economic space is not a field, but a network of incompletely connected elements. The more general case is a non-integral geometry, and it is this that underpins the rubric of heterodox economics as an evolutional microeconomics.
Keyword economic theory
economic space
economic geography

Document type: Department Technical Report
Collection: Discussion Papers (School of Economics)
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Created: Wed, 26 May 2004, 10:00:00 EST