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Economyths
''Economyths'' is a book by the mathematician David Orrell about the problems with mainstream economics, written for the general reader. The book was initially published in 2010 by Icon Books in the UK with the subtitle ''Ten Ways That Economics Gets it Wrong'', and by John Wiley & Sons in North America. Icon published a revised version in 2012, with the subtitle ''How the Science of Complex Systems Is Transforming Economic Thought''. Translated versions were also published in Brazil, China, Japan and Korea. In 2017, Icon published a revised and expanded version with the subtitle ''11 Ways Economics Gets it Wrong''. Summary The book has ten chapters, each of which concentrates on a separate “economyth”. These are summarized on p. 6 as follows: 1. The economy can be described by economic laws. 2. The economy is made up of independent individuals 3. The economy is stable 4. Economic risk can be easily managed using statistics 5. The economy is rational and efficient ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Orrell
David John Orrell (born 1962 in Edmonton) is a Canadian writer and mathematician. He received his doctorate in mathematics from the University of Oxford. His work in the prediction of complex systems such as the weather, genetics and the economy has been featured in New Scientist, the Financial Times, The Economist, Adbusters, BBC Radio, Russia-1, and CBC TV. He now conducts research and writes in the areas of systems biology and economics, and runs a mathematical consultancy Systems Forecasting. He is the son of theatre historian and English professor John Orrell. His books have been translated into over ten languages. '' Apollo's Arrow: The Science of Prediction and the Future of Everything'' was a national bestseller and finalist for the 2007 Canadian Science Writers' Award. ''Economyths: Ten Ways Economics Gets It Wrong'' was a finalist for the 2011 National Business Book Award. Criticism of use of mathematical models A consistent topic in Orrell’s work is the limitations of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Nelson (economist)
Robert Henry Nelson (1944 – December 15, 2018) was an American economist who was professor of environmental policy in the University of Maryland School of Public Policy and a senior fellow of the Independent Institute. He authored over 100 journal articles and edited book chapters, as well as nine books. Nelson was a nationally recognized authority in areas including the management of public land and zoning in the United States, but is best known for his books about the relationship between economics, environmentalism, and Christianity. In a review of ''Economics As Religion: From Samuelson to Chicago and Beyond'', economist Robert Tollison wrote that "Nelson's basic thesis is that economics is more like a religion than a science. In fact, he argues that economics in the twentieth century has virtually supplanted organized religion with a creed of material progress." Economist David Colander described ''Reaching for Heaven on Earth: The Theological Meaning of Economics'' as ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 Non-fiction Books
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Clegg (writer)
Brian Clegg (born 1955) is an English science writer. He is the author of popular science books on topics including light, infinity, quantum entanglement and surviving the impact of climate change, and biographies of Roger Bacon and Eadweard Muybridge. Biography Born in Rochdale, Lancashire, Clegg was educated at Manchester Grammar School and went on to read Natural Science (specialising in experimental physics) at the University of Cambridge. After graduating, he spent a year at Lancaster University where he gained a second MA in Operational Research, a discipline originally developed during the Second World War to apply the power of mathematics to warfare. It has since been widely applied to problem solving and decision making in business. From Lancaster, he joined British Airways, where he formed a new department tasked with providing all PC hardware, software and consultancy to the airline. When this was successfully running, he set up BA's Emerging Technologies Group, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frances Woolley
Frances Woolley is a professor of economics at Carleton University, Canada, and has been teaching there since 1990. She holds a B.A. from Simon Fraser University, a M.A. from Queen's University, and a Ph.D. from London School of Economics under the supervision of Tony Atkinson. Her thesis was titleEconomic models of family decision-making, with applications to intergenerational justice Her research includes fields such as public finance, labour economics, as well as family and public policies. She has served as secretary treasurer and president of the Canadian Economics Association and co-editor of ''Review of Economics of the Household'', on the editorial boards of ''Feminist Economics'' and the '' Journal of Socio-Economics'', and as the associate dean of the Faculty of Public Affairs at Carleton University. In recent years, she has been devoting more time to writing on her blog, Worthwhile Canadian Initiative, and to writing for ''The Globe and Mail''. In describing herself ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handelsblatt
The ''Handelsblatt'' (literally "commerce paper" in English) is a German-language business newspaper published in Düsseldorf Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in th ... by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was established in 1946 by journalist Herbert Gross (journalist), Herbert Gross, but after some months Friedrich Vogel (journalist), Friedrich Vogel (1902–1976) became publisher. In 1969, Georg von Holtzbrinck became partner of Friedrich Vogel. Since 2021, its editor-in-chief is Sebastian Matthes. Its publisher, Handelsblatt Media Group, also publishes the weekly business magazine ''Wirtschaftswoche'' of which the editor-in-chief is Beat Balzli. ''Handelsblatts headquarters are in Düsseldorf. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norbert Häring
Norbert Häring is an economist and business journalist. Since 2002 he has reported on finance and economics for the German business newspaper ''Handelsblatt''. Life He is the author (with Olaf Storbeck) of the book ''Ökonomie 2.0'' which was a bestseller in Germany and won the 2007 GetAbstract International Book Award for best business book. It was published in English as ''Economics 2.0'' and also translated into Chinese, Korean, Italian and Japanese. His book ''Markt und Macht'' was published in English as ''Economists and the Powerful'' (with Niall Douglas) by Anthem Press in 2012. In a review for CounterPunch, economist Michael Hudson wrote that the authors "provide a wealth of references tracing how economics was turned into a propaganda exercise for financiers, landlords, monopolists, insiders, fraudsters and other rent-seeking predators." Häring serves as non-voting chairman for the Shadow ECB Council, a group of 15 economists drawn from banks, academia, and other insti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Yates (economist)
Michael D. Yates (born 1946) is an economist and a labor educator, and editorial director of the socialist publishing house Monthly Review Press. He advocates a socialist view of economics.Stevenson, ''Labour/Le Travail,'' #55 (Spring 2005). Early life and education Yates was born in a small coal mining town about 40 miles north of Pittsburgh, Pennsylvania. His grandmother worked on a barge boat as a cook and a servant for families in Manhattan, Newport and other wealthy enclaves. His immediate family had a long history working at dangerous, unhealthy jobs in the coal mines. At the age of 14, his mother took a job unloading dynamite at the entrance of the coal mines. His mother, uncle and grandmother all suffered from severe asthma from the dust generated by the mines. His father suffered emphysema from inhaling asbestos and silica dust at work. Life for the Yates family was a difficult one, as it was for most working people. Yates' father worked in a large glass factory sev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by the author William F. Buckley Jr. in 1955. Its editor-in-chief is Rich Lowry, while the editor is Ramesh Ponnuru. Since its founding, the magazine has played a significant role in the development of conservatism in the United States, helping to define its boundaries and promoting fusionism while establishing itself as a leading voice on the American right. The online version, ''National Review Online'', is edited by Philip Klein and includes free content and articles separate from the print edition. The free content is limited, but National Review Plus allows ad-free and unlimited access to both online and print articles. History Background Before ''National Review''s founding in 1955, the American right was a largely unorganized collection of people who shared intertwining philosophies but h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William White (economist)
William R. White (born 1943) is a Canadian economist who was the chairman of the Economic and Development Review Committee at the Organisation for Economic Co-operation and Development (OECD) from 2009 to 2018. He is famous for flagging the wild behaviour in the debt markets before the global storm hit in 2008 (the Great Recession). In 2009, Dirk Bezemer, a Professor of Economics at the University of Groningen in the Netherlands, noted that White was one of the earliest to have predicted the 2008 global financial crisis. Biography Born in Kenora, Ontario, Canada, he was educated at the University of Windsor and the University of Manchester. In 1969, he began his career as an economist at the Bank of England, the central bank of the United Kingdom. In 1972 he joined the Bank of Canada, the central bank of Canada, where he spent 22 years. His first six years at the Bank of Canada were with the Department of Banking and Financial Analysis, first as an economist and finally as Deputy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
