Economyths

Economyths
Author :
Publisher : John Wiley & Sons
Total Pages : 303
Release :
ISBN-10 : 9780470678022
ISBN-13 : 047067802X
Rating : 4/5 (02X Downloads)

Book Synopsis Economyths by : David Orrell

Download or read book Economyths written by David Orrell and published by John Wiley & Sons. This book was released on 2010-08-16 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 percent gain. But by the end of the year, the Standard and Poor's 500 index - a key economic barometer - was down 38 percent, and major economies were plunging into recession. Even the Queen asked - "Why did no one see it coming?" An even bigger casualty was the credibility of economics, which for decades has claimed that the economy is a rational, stable, efficient machine, governed by well-understood laws. Mathematician David Orrell traces the history of this idea from its roots in ancient Greece to the financial centres of London and New York, shows how it is mistaken, and proposes new alternatives. Economyths explains how the economy is the result of complex and unpredictable processes; how risk models go astray; why the economy is not rational or fair; why no woman has ever won the Nobel Prize for economics; why financial crashes are less Black Swans than part of the landscape; and finally, how new ideas in mathematics, psychology, and environmentalism are helping to reinvent economics.


Economyths Related Books

Economyths
Language: en
Pages: 303
Authors: David Orrell
Categories: Business & Economics
Type: BOOK - Published: 2010-08-16 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

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 u
Economyths
Language: en
Pages: 307
Authors: David Orrell
Categories: Political Science
Type: BOOK - Published: 2010-05-06 - Publisher: Icon Books Ltd

DOWNLOAD EBOOK

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
Economyths
Language: en
Pages: 0
Authors: David Orrell
Categories: Business & Economics
Type: BOOK - Published: 2017 - Publisher:

DOWNLOAD EBOOK

A brand-new edition of economist David Orrell's acclaimed critique of what economics gets very wrong
Introducing Economics
Language: en
Pages: 281
Authors: David Orrell
Categories: Business & Economics
Type: BOOK - Published: 2014-06-05 - Publisher: Icon Books Ltd

DOWNLOAD EBOOK

A comic-book introduction to economics from David Orrell, the author of Economyths: 11 Ways Economics Gets it Wrong. With illustrations from Borin Van Loon. Par
Quantum Economics
Language: en
Pages: 249
Authors: David Orrell
Categories: Business & Economics
Type: BOOK - Published: 2018-07-05 - Publisher: Icon Books

DOWNLOAD EBOOK

A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that