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What people are saying - Write a reviewUser ratings
Review: Butterfly Economics A New General Theory Of Social And Economic BehaviorUser Review - Kelly Reid - GoodreadsA bit hard to get through, but had some good ideas. Reading it in 2013, not 1998 has benefits and drawbacks. The chapters with tons of scatter-plot graphs weren't my thing, but if you're really hardcore into math, you will like it. Read full review Review: Butterfly Economics A New General Theory Of Social And Economic BehaviorUser Review - Grim-Anal King - GoodreadsIt seems I'm heading backwards through Ormerod's books so there was a little repetition for me but this proved another decent dismantling of some economic shibboleths, seemingly nudging the reader towards a more rational economic approach. Read full review Related books
Contents
Common terms and phrasesactual data American amount Angus Maddison ants model approach average basic behaviour of individuals Betamax Butterfly Economics capital cent century changes Chapter chart chartists colony companies conventional economics countries crime rates decisions econometricians economic growth economic incentive economic theory economists effect efficient markets theory enormous Europe example exist factors Figure film fluctuations forecasts foreign exchange markets future given governments growth rate impact important incentive to stay increasing returns individual agents industry inflation interacting agents Keynes labour large number lead mathematical orthodox economic outcome output growth output per head overall particular PAUL ORMEROD plot population positive prediction principle problems production profits random rate of growth real business cycle reasonable returns to scale rules short-term simply simulated small number social Solow model spending stay married structure success switch technology shock unemployment Urn Problem visiting Western economies words Bibliographic information
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