Paul Ormerod is a distinguished economist focused on exploring the complexity and unpredictability of modern economies. His work delves deeply into human behavior, psychological influences, and social factors that shape economic outcomes, often challenging traditional rational models. Ormerod emphasizes understanding how economic systems evolve and how novel patterns emerge within them, offering readers a penetrating view into the dynamics that drive our world.
This text questions the abilities of the economists who influence political decisions on the economy. Ormerod aims to show that traditional economists view the world in a way which ensures they will never be able to understand it. He suggests that economies are not machines, but dynamic organisms
Focuses on why some businesses fail, and how to avoid it. This book looks at a truth all too seldom acknowledged: most commercial and public policy ventures will not succeed. It shows what strategies corporations, businesses and governments will need to adopt to stand a chance of prospering in a world where only one thing is certain.
Essays on the Changing Direction of Socialist Thought