Fixing Economics

The story of how the dismal science was broken - and how it could be rebuilt

George Cooper author

Format:Paperback

Publisher:Harriman House Publishing

Published:15th Aug '16

Should be back in stock very soon

Fixing Economics cover

* Written by high profile financial author George Cooper, whose first two books The Origin of Financial Crises (ISBN: 9781906659578) and Money, Blood and Revolution (ISBN: 9780857193827) were well received by critics and have collectively sold over 15,000 copies to date. * All new writing expands on Cooper's arguments from the first two titles - that the ideas of Darwin and William Harvey - the first man to properly understand bloodflow - could revolutionise economics.

THE EXPANDED SECOND EDITION OF THE ACCLAIMED MONEY, BLOOD AND REVOLUTION

Economics is a broken science, living in a kind of Alice in Wonderland state believing in multiple inconsistent things at the same time. Prior to the financial crisis, mainstream economics argued simultaneously for small government on taxation, regulation and spending, but big government on monetary policy. After the financial crisis, economics is now arguing for more government spending and for less government spending.

The premise of this book is that the internal inconsistencies between economic theories – the apparently unresolvable debates between leading economists and the incoherent policies of our governments – are symptomatic of economics being in a crisis. Specifically, in a scientific crisis.

The good news is that, thanks to the work of scientist and philosopher Thomas Kuhn, we know what needs to be done to fix a scientific crisis. Moreover, there are two scientists in particular whose ideas could show how to do this for economics: Charles Darwin, the man who discovered evolution, and William Harvey, doctor to King Charles I and the first person to understand blood flow and the workings of the human heart.

In Fixing Economics, bestselling financial writer George Cooper explains how the ideas of Darwin and Harvey could revolutionise economics, making it more scientific and understandable, and might even reveal the true origin of economic growth and inequality.

Taking readers on a gripping tour of scientific revolution, social upheaval and the secrets of money and debt, this is an unmissable read for anyone curious to understand how the world really works – and the amazing future of economics.

A fascinating new book...Recommended reading...A delightfully well-written new book -- John Authers, Financial Times
For those with an open mind his criticisms of the economics profession, and suggestions for new ways forward, will be extremely welcome -- Philip Coggan, The Economist
Very interesting -- Justin Fox, Harvard Business Review
Remarkable -- Club des Vigilants
Masterly...a major contribution to our future well-being -- Cambridge Business magazine

ISBN: 9780857195524

Dimensions: 234mm x 156mm x 16mm

Weight: 417g

290 pages

2nd edition