Reiss, Michael
What Went Wrong with Economics
- ISBN 13:
- 9781463670290
- author:
- Reiss, Michael
- format:
- Paperback
- publisher:
- Createspace
- language:
- English
- Publication Year:
- 2011
- Pages:
- 226
- Dimensions:
- 22.8 x 15 x 1.8 cm
- Genre:
- Business/Economics
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
The world economy was in great shape, according to a report by the International Monetary Fund, just months before one of its biggest crises since the Great Depression. But how could economists have predicted such an event? This book examines the possibility that flawed assumptions are at the heart of economic theory. Mainstream economics has long relied on simplifying assumptions, but what if these assumptions are fundamentally wrong? The author argues that a more realistic approach to economics is needed, one that takes into account the complexities of real-world systems. By re-examining the fundamental principles of economics, Dr Michael Reiss shows how our economic system can be improved. The consequences of flawed economic theories have been devastating, and it's time to rethink the foundations of economics. This book offers a fresh perspective on the subject, one that could lead to a more resilient and effective economic system.
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