This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature. The author demonstrates how the basic model is integrated with...

This book examines the butterfly effect in China's modern economic development during the period of 1978-2018. In chaos theory, the butterfly effect refers to a phenomenon that a butterfly flaps its wings in Okinawa, and subsequently a storm may ravage New York. Deng applied a trivial idea,...

The Time for a Grand Economic Theory -- The Basic Model for the Integration -- An Integration of Walrasian General Ricardian Distribution, and Neoclassical Growth Theories -- Education, National Debts, and Development Traps -- Income and Wealth Inequalities with Racial Human Capital...

The book deals with economic issues related to income and wealth among individuals, regions and countries. It presents a general theory with endogenous capital, knowledge and preference changes for an economic system with heterogeneous households, multiple sectors, multiple regions and multiple...