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On measuring the real value of production. Reflections on the economic order of the real world on occasion of the financial crisis

100%
Maier H.
Econometrics. Ekonometria. Advances in Applied Data Analytics
|
2013
|
issue 1(39)
162-183
EN
The article provides an answer in a new dimension to the very old question about the real value of production which has become up to date again after the financial crisis with its immense losses of securities and stocks. The answer includes the knowledge from the latest research on the existence of the economic order in the real equal natural world with energy as the means of payment. The results of a microeconomic approach within this natural order, based on observations and characteristics of marginal quantities within production processes, are described.
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