Death of Economics by P Ormerod

Death of Economics by P Ormerod

Important and ingenious . . . ought to be read by every educated person. --The Spectator.

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).

Paul Ormerod is an economist, author and entrepreneur. He is currently a Visiting Professor at University College London (UCL), where he supervises graduate students in machine learning. Paul read economics at Cambridge and took an MPhil in economics at Oxford. He was elected a Fellow of the British Academy of Social Sciences in 2006, and in 2009 was awarded a DSc honoris causa by the University of Durham for the distinction of his contribution to economics. In addition to economic journals, he has published in journals such as Nature, Proceedings of the National Academy of Sciences, Proceedings of the Royal Society of London B and Evolution and Human Behavior. Paul has published four best-selling books on economics: Death of Economics, Butterfly Economics, Why Most Things Fail and Positive Linking. He has also written for the IEA on many occasions. He was a founder of the Henley Centre for Forecasting Ltd., which the management sold to Martin Sorrell's WPP Group in the 1990s.

SKU	Unavailable
ISBN 13	9780471180005
ISBN 10	0471180009
Title	Death of Economics
Author	P Ormerod
Condition	Unavailable
Binding Type	Paperback
Publisher	John Wiley and Sons Ltd
Year published	1997-08-05
Number of pages	240
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.