Recursive economics is a branch of modern economics based on a paradigm of individuals making a series of two-period optimization decisions over time.
Read more about Recursive Economics: Differences Between Recursive and Neoclassical Paradigms, The Recursive Model, Pioneers in The Field, Applications in Economics, See Also
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“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
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