[PDF.23bj] Butterfly Economics: A New General Theory of Social and Economic Behavior

Butterfly Economics: A New General Theory of Social and Economic Behavior

[PDF.vm01] Butterfly Economics: A New General Theory of Social and Economic Behavior

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 | #1043827 in eBooks |  2012-05-23 |  2012-05-23 | File type: PDF

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||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 Mitchell|But 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|.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

Why 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, ...

You can specify the type of files you want, for your gadget.Butterfly Economics: A New General Theory of Social and Economic Behavior   |  Paul Ormerod.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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