What Went Wrong with Economics: The flawed assumptions that led economists astray - Tapa blanda

Reiss, Michael

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

Sinopsis

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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Reseña del editor

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.

Biografía del autor

Michael Reiss is Pro-Director: Research and Development and Professor of Science Education at the Institute of Education, University of London

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Editorial
CreateSpace Independent Publishing Platform
Año de publicación
2011
Idioma
Inglés
ISBN 10 
146367029X
ISBN 13 
9781463670290
Encuadernación
Tapa blanda
Número de páginas
226
Contacto del fabricante
no disponible
Persona responsable
no disponible