Forecast : What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics

Name: Forecast
Brand: Bloomsbury Publishing Plc
SKU: 9781608198535
Price: 2700 KES
Availability: OutOfStock
ISBN: 9781608198535

by Mark Buchanan

Book Details

Format Paperback / softback

ISBN-10 1608198537

ISBN-13 9781608198535

Publisher Bloomsbury Publishing Plc

Imprint Bloomsbury Press

Country of Manufacture GB

Country of Publication GB

Publication Date Aug 14th, 2014

Print length 272 Pages

Weight 342 grams

Dimensions 21.10 x 14.10 x 1.80 cms

Product Classification: Economics

KSh 2,700.00

Currently unavailable 0 in stock

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A groundbreaking book that uses physics to show how instability is inherent in economic markets, just as thunderstorms are a part of weather.

Positive feedback--when A produces B, which in turn produces even more A--drives not only abrupt climate changes, but also the most important and disruptive events in economics and finance, from asset bubbles to debt crises, bank runs, even corporate corruption. But economists, with few exceptions, have ignored this reality for fifty years, holding onto the unreasonable belief in the wisdom of the market. It''s past time to be asking how do markets really work? Can we replace economic magical thinking with a better means of predicting what the financial future holds, in order to prepare for, or even avoid the next extreme economic event?

Get Forecast by Mark Buchanan at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Bloomsbury Publishing Plc and it has 272 pages.