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Butterfly Economics

Paul Ormerod

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Format
Ebook
ISBN
9780571266135
Date Published
15.09.2011
Delivery
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Summary

What do insects, the weather and chaos theory have to do with the economy? According to Paul Ormerod, everything.

The economy is like society itself, he argues: a complex system living on the edge of chaos. Conventional economics has always failed to predict and manage its fluctuations. Governments and businesses need to adopt quite different mindsets and less heavy-handed approaches. Hence ‘Butterfly Economics’.

‘A fascinating and entertaining introduction to the economics of the 21st century.’ New Statesman

PaulOrmerod

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…

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