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Renowned British economist Paul Ormerod explodes current economic theory to offer a radical new framework for understanding how human societies and economies really operate. His bold and impassioned arguments about how and why economics should be recast to reflect the current ills of Western society including unemployment, crime, and poverty are both persuasive and controversial. Integrating ideas from biology, physics, artificial intelligence, and the behavioral sciences, Ormerod′s groundbreaking approach is sure to have far–reaching repercussions.
"A clear, concise, and yet sophisticated history of economic thought that should be required reading for Economics 101 courses. The fundamental challenge is to view the economy more as an organism than a machine and place it in its larger political, social, and moral context." The Washington Post
"A vigorous, informed, and thoughtful critique of the dismal science." Kirkus Reviews.
"Crucial reading for the concerned citizen, which ought to mean all of us. . . . This book is very timely indeed." The Observer
"Economics has some battles to fight. . . . Unless economists improve their ability to analyze and prescribe in an intelligent way, and to provide a modicum of accuracy in their forecasts, the twentieth–century pseudoscience of economics will become a twenty–first–century museum piece." Sunday Times (London).
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Book Description Softcover. Condition: new. Important and ingenious ought to be read by every educated person The SpectatorRenowned British economist Paul Ormerod explodes current economic theory to offer a radical new framework for understanding how human societies and economies really operate His bold and impassioned arguments about how and why economics should be recast to reflect the current ills of Western society including unemployment crime and poverty are both persuasive and controversial Integrating ideas from biology physics artificial intelligence and the behavioral sciences Ormerods groundbreaking approach is sure to have farreaching repercussionsA clear concise and yet sophisticated history of economic thought that should be required reading for Economics 101 courses The fundamental challenge is to view the economy more as an organism than a machine and place it in its larger political social and moral context The Washington PostA vigorous informed and thoughtful critique of the dismal science Kirkus ReviewsCrucial reading for the concerned citizen which ought to mean all of us This book is very timely indeed The ObserverEconomics has some battles to fight Unless economists improve their ability to analyze and prescribe in an intelligent way and to provide a modicum of accuracy in their forecasts the twentiethcentury pseudoscience of economics will become a twentyfirstcentury museum piece Sunday Times London. Seller Inventory # DADAX0471180009
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