The Economics of Speed: Machine Speed as the Key Factor in Productivity

  • Bernard C.  Beaudreau

Part of the Lecture Notes in Production Engineering book series (LNPE)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Bernard C. Beaudreau
    Pages 1-4
  3. Bernard C. Beaudreau
    Pages 5-28
  4. Bernard C. Beaudreau
    Pages 29-55
  5. Bernard C. Beaudreau
    Pages 57-70
  6. Bernard C. Beaudreau
    Pages 89-118
  7. Bernard C. Beaudreau
    Pages 119-122

About this book


This is the first book to examine the “nuts and bolts” of production processes. It proposes a truly consilient approach to modeling production processes – one that goes beyond the vague principles found in standard economics – and provides details that are consistent with the applied mechanics and engineering literature. Providing a credible analysis of some of the most pressing questions of our era, such as the productivity slowdown and the information paradox, and bridging the gap between engineering, applied physics, economics, and management science, this book is a fascinating read for anyone interested in industry, the modern economy, and how physical factors constrain productivity growth.


Economies of Speed Machine Speed Productivity Growth Productivity Slowdown Consilient Models of Material Processes History of Productivity Growth Role of Labor and Capital in Material Processes Machine Speed-Ups

Authors and affiliations

  • Bernard C.  Beaudreau
    • 1
  1. 1.Département d’ÉconomiqueUniversité LavalQuebec CityCanada

Bibliographic information

  • DOI
  • Copyright Information Springer Nature Switzerland AG 2020
  • Publisher Name Springer, Cham
  • eBook Packages Engineering Engineering (R0)
  • Print ISBN 978-3-030-26712-4
  • Online ISBN 978-3-030-26713-1
  • Series Print ISSN 2194-0525
  • Series Online ISSN 2194-0533
  • Buy this book on publisher's site
Industry Sectors
Materials & Steel
Chemical Manufacturing
Finance, Business & Banking
Consumer Packaged Goods
Energy, Utilities & Environment
Oil, Gas & Geosciences