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    The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics (Paperback) By (author) Eric Beinhocker

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    DescriptionEconomics is changing radically. This paradigm shift, the biggest in the field for over a century, will have profound implications for business, government and society for decades to come. In this groundbreaking book, economic thinker and writer Eric Beinhocker surveys the cutting-edge ideas of the leading economists, physicists, biologists and cognitive scientists who are fundamentally reshaping economics, and brings their work alive for a broad audience. These researchers argue that the economy is a 'complex adaptive system', more akin to the brain, the internet or an ecosystem than to the static picture of economic systems portrayed by traditional theory. They claim it is the evolutionary process of differentiation, selection and amplification, acting on designs for technologies, social institutions and businesses that drives growth in the economy over time. If Adam Smith provided the inspiration for economics in the twentieth century, it is Charles Darwin who is providing it in the twenty-first. If we can understand how evolution creates wealth, then we can better answer the question 'How can we create more wealth for the benefit of individuals, businesses and society?' Beinhocker shows how 'Complexity Economics' turns conventional wisdom on its head in areas such as business strategy, the design of organisations, the workings of stock markets and public policy. As sweeping in scope as its title, "The Origin of Wealth" is a landmark book that shatters orthodox economic theory, and will rewire our thinking about how we came to be here - and where we are going.

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  • Full bibliographic data for The Origin of Wealth

    The Origin of Wealth
    Evolution, Complexity, and the Radical Remaking of Economics
    Authors and contributors
    By (author) Eric Beinhocker
    Physical properties
    Format: Paperback
    Number of pages: 544
    Width: 130 mm
    Height: 198 mm
    Thickness: 36 mm
    Weight: 440 g
    ISBN 13: 9780712676618
    ISBN 10: 0712676619

    Nielsen BookScan Product Class 3: T17.1
    BIC E4L: ECO
    BIC subject category V2: KCA
    Warengruppen-Systematik des deutschen Buchhandels: 27830
    BISAC V2.8: BUS069030
    DC22: 330.01
    BISAC V2.8: BUS068000
    Thema V1.0: KCA
    Imprint name
    Publication date
    05 April 2007
    Publication City/Country
    Author Information
    Eric D. Beinhocker is a partner at McKinsey & Company and is one of the leaders of its Global Strategy Practice. He has also worked as a venture capitalist, entrepreneur, and has held research appointments at the Harvard Business School, the MIT Center for Organizational Learning, and the Santa Fe Institute.
    Review quote
    "... A brilliant, thought-provoking and wide-ranging book ... anybody interested in understanding why we are where we are should read it. For me, it was more than the business book of 2006; it was the book of 2006" -- Martin Wolf Financial Times "Beinhocker is nothing if not ambitious" -- Sir Howard Davies, director of The LSE The Times Higher Educational Supplement "An absorbing survey...[a] tour de force" -- James Pressley Bloomberg "Economic thinking has changed radically in the last fifteen years.Eric Beinhocker gives us a sparkling tour of the new ideas." -- Professor W. Brian Arthur, Santa Fe Institute "For business readers and academics, Beinhocker is a zealous and able guide" Publishers Weekly