Quantum Economics: The New Science of Money
Autor David Orrellen Limba Engleză Paperback – 5 iun 2019
Economics sees itself as the science of scarcity. Instead, it should be the science of money (which plays a surprisingly small role in mainstream theory). And money is a substance that turns out to have a quantum nature of its own.
Just as physicists learn about matter by studying the exchange of particles at the subatomic level, so economics should begin by analysing the nature of money-based transactions.Quantum Economicstherefore starts with the meaning of the phrase ‘how much’ – or, to use the Latin word,quantum.
From quantum physics to the dualistic properties of money, via the emerging areas of quantum finance and quantum cognition, this profoundly important book reveals that quantum economics is to neoclassical economics what quantum physics is to classical physics – a genuine turning point in our understanding.
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Specificații
ISBN-13: 9781785785085
ISBN-10: 1785785087
Pagini: 400
Dimensiuni: 129 x 198 x 27 mm
Greutate: 0.44 kg
Editura: Icon Books Ltd
Colecția Icon Books Ltd
Locul publicării:London, United Kingdom
ISBN-10: 1785785087
Pagini: 400
Dimensiuni: 129 x 198 x 27 mm
Greutate: 0.44 kg
Editura: Icon Books Ltd
Colecția Icon Books Ltd
Locul publicării:London, United Kingdom
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Notă biografică
David
Orrell
is
a
scientist
and
writer
of
books
on
science
and
economics.
According
to
theSunday
Times‘Orrell
is
an
engaging
and
witty
writer,
adept
at
explaining
often
complicated
theories
in
clear
language.’
His
latest
books
areThe
Money
Formula:
Dodgy
Finance,
Pseudo
Science,
andHow
Mathematicians
Took
Over
the
Markets,
written
with
Paul
Wilmott;
andEconomyths:
11
Ways
Economics
Gets
It
Wrong(Icon
Books,
2017).
Recenzii
‘As
money
becomes
more
digital
and
diffuse,
it
also
becomes
more
quantum.
In
this
timely
and
illuminating
book,
David
Orrell
brings
us
to
the
frontier
of
where
economics,
physics
and
psychology
intersect.
You’ll
never
look
at
money
the
same
again!’
'Reading David Orrell's Quantum Economics is equivalent to playing a game of 3-D chess against the concept of value itself. The book easily switches between physical, economic and metaphysical conceptions of value, revealing their hidden parallels and paradoxes. The result is at once an explanation of our current economic predicament, a diagnosis of how we got there and a credible guide to the sort of "out of the box" thinking that is likely to get us out of it. After you've forgotten about the latest wheeze about the financial crisis, you'll be returning to this book. What is perhaps most surprising about it is just how readable -- yet thoroughly researched -- it is.'
'Orrell gives economic theory a much-needed shove into the world of science — understandable, fascinating, thought-provoking and ground-breaking.'
Beautifully written, inherently ethical, and often hilarious, this book is a must-read for anyone wanting to understand the weird, and getting weirder, world of modern finance.’
‘Rich with suggestive insights on every page and written in an accessible style, this book will both engage and infuriate its audience. For those of us who feel trapped in the professional cocoons of the like-minded, this book offers a chance to escape from the iron cages we have built.’
Orrell has explained his ideas in a very lively style, providing the history and a basic explanation of the physics; and goes on to explore the various consequences of this dual nature, which neo-classical economics did not foresee. The book should be read, not only by economists but also by all decision-makers.’
‘On the cusp of an earlier revolution, Karl Marx said all that is solid melts into air and all that is holy is profaned. Constructing a less mechanistic and even more revolutionary science of quantum economics, David Orrell proves it so. Orrell does not dabble in metaphor or metaphysics: he intellectually, persuasively and corrosively transmutates money into a quantum phenomenon. In the process, classical economics is profaned to good effect and a quantum future glimmers as a real possibility.’
'Reading David Orrell's Quantum Economics is equivalent to playing a game of 3-D chess against the concept of value itself. The book easily switches between physical, economic and metaphysical conceptions of value, revealing their hidden parallels and paradoxes. The result is at once an explanation of our current economic predicament, a diagnosis of how we got there and a credible guide to the sort of "out of the box" thinking that is likely to get us out of it. After you've forgotten about the latest wheeze about the financial crisis, you'll be returning to this book. What is perhaps most surprising about it is just how readable -- yet thoroughly researched -- it is.'
'Orrell gives economic theory a much-needed shove into the world of science — understandable, fascinating, thought-provoking and ground-breaking.'
Beautifully written, inherently ethical, and often hilarious, this book is a must-read for anyone wanting to understand the weird, and getting weirder, world of modern finance.’
‘Rich with suggestive insights on every page and written in an accessible style, this book will both engage and infuriate its audience. For those of us who feel trapped in the professional cocoons of the like-minded, this book offers a chance to escape from the iron cages we have built.’
Orrell has explained his ideas in a very lively style, providing the history and a basic explanation of the physics; and goes on to explore the various consequences of this dual nature, which neo-classical economics did not foresee. The book should be read, not only by economists but also by all decision-makers.’
‘On the cusp of an earlier revolution, Karl Marx said all that is solid melts into air and all that is holy is profaned. Constructing a less mechanistic and even more revolutionary science of quantum economics, David Orrell proves it so. Orrell does not dabble in metaphor or metaphysics: he intellectually, persuasively and corrosively transmutates money into a quantum phenomenon. In the process, classical economics is profaned to good effect and a quantum future glimmers as a real possibility.’
Descriere
The emerging science of quantum economics can help us create a `real-world' economics that actually works for us all