Economyths
Subtitle: 11 ways economics gets it wrong
By: David Orrell
Edition: 2017 edition.
Publisher: Icon Books
Published: 2017
Language: eng
Number of pages: 420
ISBN-13: 9781785782299
Subjects: Economics; Financial crises; Economic forecasting; Rational expectations (Economic theory)
Other titles: Econo myths; 11 ways economics gets it wrong; Eleven ways economics gets it wrong
Description: When Economyths was first published in 2010, David Orrell showed how mainstream economics is based on key myths such as fair competition, rational behaviour, stability and eternal growth - and how these myths lead paradoxically to their opposites: inequality, an irrational economy, financial instability and a collision with nature's limits. Since then, we've had Occupy, political upheaval, flash crashes in financial markets, the warmest few years in recorded history - and a growing chorus demanding fundamental reform. So how has economics responded? In this revised and expanded edition, Orrell shows how the ten myths still dominate economics. And in a new final chapter, he uncovers, demolishes and develops an alternative to the greatest economyth of all - the one that will finally lead to the collapse of orthodox economics.
Notes: Edition statement from page [xi].

Includes bibliographical references and index.