Economyths: How the Science of Complex Systems is Transforming Economic Thought

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Description

Economics has for decades 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 ancient Greece to the financial centres of London and New York, showing exactly how it is mistaken - and then brilliantly illustrates how new ideas in mathematics, psychology, and environmentalism are helping to reinvent economics for the 21st century.

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'Without doubt the best book I've read this year, and probably one of the most important books I've ever read - a real game changer of a book. Read it.' www.popularscience.co.uk

Author Bio

David Orrell is an applied mathematician and popular science writer. He is also the author of Introducing Economics - A Graphic Guide (Icon, 2011)