Full name: The Origin of Wealth: The Radical Remaking of Economics and What it Means for Business and Society

Author: Eric D. Beinhocker Year: 2006 Rank: Rating: Original Rating: Pop Rating: Genres/categories: Economics, Non Fiction, Business, History Purchase/reserch links: Amazon Goodreads LibraryThing ISBNs: 9781422121030 1422121038

Over 6.4 billion people participate in a $36.5 trillion global economy, designed and overseen by no one. How did this marvel of self-organized complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? In The Origin of Wealth, Eric D. Beinhocker argues that modern science provides a radical perspective on these age-old questions, with far-reaching implications. According to Beinhocker, wealth creation is the product of a simple but profoundly powerful evolutionary formula: differentiate, select, and amplify. In this view, the economy is a "complex adaptive system" in which physical technologies, social technologies, and business designs continuously interact to create novel products, new ideas, and increasing wealth. Taking readers on an entertaining journey through economic history, from the Stone Age to modern economy, Beinhocker explores how "complexity economics" provides provocative insights on issues ranging from creating adaptive organizations to the evolutionary workings of stock markets to new perspectives on government policies. A landmark book that shatters conventional economic theory, The Origin of Wealth will rewire our thinking about how we came to be here--and where we are going. Similar books: Applied Economics by Thomas Sowell Zombie Economics by John Quiggin The Theory of Money and Credit by Ludwig von Mises Common Sense Economics by James D. Gwartney Kicking Away the Ladder by Ha-Joon Chang Economic Sophisms by Frederic Bastiat The Failure of the New Economics by Henry Hazlitt The economics of life by Gary S. Becker Pop Internationalism by Paul Krugman The Zero Sum Society Distribution and the Possibilities for Economic Change by Lester C. Thurow A Humane Economy by Wilhelm Ropke Butterfly Economics by Paul Ormerod The Armchair Economist by Steven E. Landsburg The Economics of Innocent Fraud by John Kenneth Galbraith The Principles of Political Economy and Taxation by David Ricardo The Mystery of Banking by Murray N. Rothbard The Holy Grail of Macroeconomics by Richard C. Koo Other People's Money by John Kay Capital Ideas by Peter L. Bernstein Exorbitant Privilege by Barry Eichengreen