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'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
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.
One of those books that I found to be so interesting and relevant recent decades that I read it again a few months after first reading it.Published 5 months ago by John
Challenges mainstream economics with understandable & rational arguments. The world needs to change it's outlook on the resources the earth has & conserve themPublished 12 months ago by Old and grey
plausible interrogation of a mind boggingly complex ( and purposefully dull) aspect of life. written in a compelling real life manner. Read morePublished 16 months ago by Richard Powell
Emphatically shows how basic economic theory is the emperor's new clothes. Identifies many areas where new thinking is urgently required.Published 19 months ago by A C Jackson
The book certainly makes some interesting points, but I can't help shake the feeling that it could have been wrapped up far more succinctly. Read morePublished 19 months ago by Ankur Banerjee
...feel like a review of other people's thought without a huge amount of coherence between the themes, except for 'neo classical economics doesnt work'. Read morePublished 21 months ago by paul sharma
An excellent critique by a properly qualified analyst that exposes the amazing over-simplification of those who claimed they understood our economy.Published 22 months ago by Alan Herring
Two stars because some people will gain some understanding from this book. However, the central position is quite absurd. Read morePublished 23 months ago by RedDit
I found this much more interesting than I expected and it explains in simple language the theories behind economic policies which I understood properly for the first time. Read morePublished 23 months ago by Corven