Description: Quantum EconomicsThe New Science of Money Author(s): David Orrell Format: Paperback Publisher: Icon Books, United Kingdom Imprint: Icon Books ISBN-13: 9781785785085, 978-1785785085 Synopsis A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that it has been trying to solve the wrong problem all along. 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 Economics therefore 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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Book Title: Quantum Economics
Number of Pages: 400 Pages
Language: English
Publication Name: Quantum Economics: the New Science of Money
Publisher: Icon Books LTD
Publication Year: 2019
Subject: Government
Item Height: 198 mm
Item Weight: 292 g
Type: Textbook
Author: David Orrell
Item Width: 129 mm
Format: Paperback
