Butterfly Economics by Paul Ormerod

Butterfly Economics by Paul Ormerod

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Butterfly Economics by Paul Ormerod

Paul Ormerod, renowned as the thinking person's economist, tears up conventional wisdom and explains why the economy is so much more than the sum of its parts. Taking in the latest scientific, social and mathematical theories, Ormerod argues that the economy must be viewed as more like a living organism than a machine. Like society itself, it is a complex system, living at the edge of chaos. Despite what governments like to think, such systems are inherently difficult to predict and manage. Not least because tiny fluctuations can produce enormous changes - just as the beating of a butterfly's wings on one continent can, it is said, cause a tornado to start on another. Containing much original research material and illustrated with ingenious examples from a wide range of countries, Butterfly Economics will provoke widespread debate in the UK and abroad.
SKU Unavailable
ISBN 13 9780571200412
ISBN 10 0571200419
Title Butterfly Economics
Author Paul Ormerod
Condition Unavailable
Binding Type Paperback
Publisher Faber & Faber
Year published 1999-02-01
Number of pages 240
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable