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Butterfly Economics

Butterfly Economics

by PaulOrmerod (Author)

  • Used

    Paperback 1999

    $3.25
Synopsis

Ormerod tears up conventional wisdom and explains why the economy is much more than the sum of its parts. He argues that the economy must be viewed more like a living organism and suggests that policies designed to solve such problems as unemployment are doomed to a high failure rate. He suggests that different mind-sets and approaches are needed.

$3.25

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Quantity

4 in stock

More Information

Format: Paperback
 Pages: 240
 Edition: New edition
 Publisher: Faber and Faber
Published: 06 Sep 1999
ISBN 10: 0571197264
ISBN 13: 9780571197262

Media Reviews
'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
Author Bio
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.