Saeed, Khalid - In: Feedback economics : economic modeling with system dynamics, (pp. 217-246). 2021
The neoclassical models of economics seem to have eluded the concept of physical limits to growth by assuming that the … in their analyses. Classical economics, on the other hand, appears to have been cognizant of a variety of limitations to … dynamics can be used with advantage for constructing models of theoretical concepts in economics and experimenting with them …