A brand-new edition of David Orrell's acclaimed critique of what economics gets very wrong
David Orrell is an applied mathematician and author of popular science books. He studied mathematics at the University of Alberta, and obtained his doctorate from Oxford University on the prediction of nonlinear systems. His work in applied mathematics and complex systems research has since led him to diverse areas such as weather forecasting, economics, and cancer biology. His work has been featured in the New Scientist, the Financial Times and on BBC Radio.
A must read for understanding the roots of the financial crisis,
the severe limitations of the field of economics and what needs to
be done to improve our ability to avoid future crises.
*Spyros Makridakis, author of ‘Dance With Chance’*
This is without doubt the best book I've read this year, and
probably one of the most important books I've ever read.... Orrell
exposes the rotten heart of economics... There are other books
talking on economics, but I've not come across another that
explains it so well for the layperson, takes in the credit crunch,
totally destroys the validity of economics as we know it and should
be required reading for every politician and banker. No, make that
every voter in the land. This ought to be a real game changer of a
book. Read it.
*Brian Clegg, Popular Science*
The author dissects ten fundamental misunderstandings ... Orrell
manages to convincingly explain the relevance of these myths and
make them understandable, even for laymen, in a wider context.
*Handelsblatt*
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