Butterfly Economics by Paul Ormerod
What do insects, the weather and chaos theory have to do with the economy? According to Paul Ormerod, everything.The economy is like society itself, he argues: a complex system living on the edge of chaos. Conventional economics has always failed to predict and manage its fluctuations. Governments and businesses need to adopt quite different mindsets and less heavy-handed approaches. Hence 'Butterfly Economics'.'A fascinating and entertaining introduction to the economics of the 21st century.' New Statesman
"'A fascinating and entertaining introduction to the economics of the 21st century' New Scientist; 'Ormerod returns repeatedly to the systematic failure of economists' predictions. If you have ever wondered why they get it wrong, time after time, then you should read this book. It explains in clear, non-technical language why the traditional assumptions of economists make most of their theories hopeless.' Alasdair Palmer, Sunday Telegraph; 'An important book which everybody even remotely interested in political economy should read.' Larry Elliott, Guardian; 'As witty and wide-ranging as it is rigorous, Butterfly Economics provides excellent reasons for business and economics to start talking to each other again.' Observer"
Paul Ormerod is the author of The Death of Economics, Butterfly Economics and Why Most Things Fail. He studied economics at Cambridge and his career has spanned the academic and practical business worlds, including working at the Economist and as a director of the Henley Centre for Forecasting. He is a Fellow of the British Academy of Social Science and has been awarded a DSchonoris causafor his contribution to economics by the University of Durham.
| SKU | Unavailable |
| ISBN 13 | 9780571197262 |
| ISBN 10 | 0571197264 |
| Title | Butterfly Economics |
| Author | Paul Ormerod |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Faber & Faber |
| Year published | 1999-09-06 |
| Number of pages | 240 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |