| Nonlinear Dynamics of Financial Crises: How to Predict Discontinuous Decisions Contributor(s): Purica, Ionut (Author) |
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ISBN: 0128032758 ISBN-13: 9780128032756 Publisher: Academic Press OUR PRICE: $39.55 Product Type: Paperback - Other Formats Published: April 2015 |
| Additional Information |
| BISAC Categories: - Business & Economics | Econometrics - Business & Economics | Banks & Banking - Business & Economics | Foreign Exchange |
| Dewey: 330.015 |
| LCCN: 2015509244 |
| Physical Information: 0.3" H x 6" W x 9.3" (0.50 lbs) 124 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are dangerous for good or evil. In recent years evil seems to have had the upper hand. Nonlinear Dynamics of Financial Crises points to their ability to do good. |