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Economyths: How the Science of Complex Systems is Transforming Economic Thought

David Orrell




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 | #354486 in eBooks |  2010-05-06 |  2010-05-06 | File type: PDF

||3 of 3 people found the following review helpful.| Disappointing arguements|By Richard Love|I have a huge interest in Economics and read loads on the subject. So, I was really excited to find this book which I was hoping would make me question some tenets of the field and deepen my understanding of some key concepts and theories.

What Orrell does instead is have a one-sided arguement with introductory textbook conce| |'A must read for understanding the roots of the financial crisis, the severe limitations of the field of economics and what needs to be done to improve our ability to avoid future crises.' -- Spyros Makridakis, author of 'Dance With Chance' 'This is without do

From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, "Economyths" reveals ten ways in which economics has failed us all. Forecasters predicted a prosperous year in 2008 for financial markets - in one influential survey the average prediction was for an eleven per cent gain. But by the end of the year, the Standard and Poor's 500 index - a key economic barometer - was down 38 per cent, and major economies were plunging into ...

You easily download any file type for your device.Economyths: How the Science of Complex Systems is Transforming Economic Thought   |  David Orrell. I really enjoyed this book and have already told so many people about it!

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