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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Produktdetaljer
ISBN
9781785784002
Publisert
2018
Utgiver
Vendor
Icon Books Ltd
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter