(Online library) Butterfly Economics: A New General Theory of Social and Economic Behavior






#1674473 in eBooks 2012-05-23 2012-05-23File Name: B007YUB206

3 of 3 people found the following review helpful. We have an idea of what he is talking about, but he just doesn't bring it across very well.By Leib Gershon MitchellBut somehow, the author just does not bring the idea across very clearly.He seems to be trying to tell us (among other things):1. That the mathematical modeling of Economics suffers from some flaws.2. That the underlying assumptions are wrong.It would have been better if the book had been arranged with making a single chapter out of.com In Hollywood, William Goldman's famous dictum that nobody knows anything is accepted as gospel. Nobody can tell you how much a movie will gross before it's released, no matter how big the stars or advertising budget. Compare the box-office receipts of two summer-of-'99 horror movies, if you hWhy did VHS, an inferior video recording technology, succeed in the marketplace, driving the superior Betamax out of business? Why do big-budget, acclaimed movies sometimes flop at the box office, while low-budget, idiosyncratic films become huge hits? The answers to these questions, says Paul Omerod, remind us that economics is a science based on the workings of human society, as unpredictable an entity as there is. "Conventional economics is mistaken," claimes Omerod, "when it views the econo...


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You can specify the type of files you want, for your device.Butterfly Economics: A New General Theory of Social and Economic Behavior   |  Paul Ormerod. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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