What Went Wrong with Economics: The flawed assumptions that led economists astray - Couverture souple

Reiss, Michael

 
9781463670290: What Went Wrong with Economics: The flawed assumptions that led economists astray
Couverture souple
ISBN 10 : 146367029X ISBN 13 : 9781463670290
Editeur : CreateSpace Independent Publishing Platform, 2011

Synopsis

In April 2007, a report produced by the International Monetary Fund concluded that the world economy was in great shape only for the biggest economic crisis since the Great Depression to hit just months later. How could economists have got it so wrong? When engineers try to understand complex systems, they are forced to make simplifying assumptions. Sadly if these are flawed, no amount of mathematical wizardry will repair the damage. This book examines the possibility that the problem with economics stems from flawed assumptions. It appears that mainstream economics set off on the wrong foot.This book uncovers many such flaws and shows how the resulting bad economic theories have devastating consequences.Dr Michael Reiss shows how, with more realistic assumptions, economics, and our economic system, can be rescued.

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Présentation de l'éditeur

In April 2007, a report produced by the International Monetary Fund concluded that the world economy was in great shape only for the biggest economic crisis since the Great Depression to hit just months later. How could economists have got it so wrong? When engineers try to understand complex systems, they are forced to make simplifying assumptions. Sadly if these are flawed, no amount of mathematical wizardry will repair the damage. This book examines the possibility that the problem with economics stems from flawed assumptions. It appears that mainstream economics set off on the wrong foot. This book uncovers many such flaws and shows how the resulting bad economic theories have devastating consequences. Dr Michael Reiss shows how, with more realistic assumptions, economics, and our economic system, can be rescued.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
CreateSpace Independent Publishing Platform
Date d'édition
2011
Langue
anglais
ISBN 10 
146367029X
ISBN 13 
9781463670290
Reliure
Broché
Nombre de pages
226
Coordonnées du fabricant
non disponible
Personne responsable
non disponible