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Money, blood and revolution : how Darwin and the doctor of King Charles I could turn economics into a science /

By: Cooper, George.
Material type: materialTypeLabelBookPublisher: Great Britain Harriman House 2014Description: xvii, 204 p. illustrations ; 25 cm.ISBN: 9780857193827.Subject(s): Economics | ScienceDDC classification: 330 Summary: "Economics is a broken science, living in a kind of Alice in Wonderland state believing in multiple, inconsistent, things at the same time. Prior to the financial crisis, mainstream economics argued simultaneously for small government on taxation, regulation and spending, but big government on monetary policy. After the financial crisis, economics is now arguing for more government spending and for less government spending. The premise of this book is that the internal inconsistencies between economic theories -- the apparently unresolvable debates between leading economists and the incoherent policies of our governments -- are symptomatic of economics being in a crisis. Specifically a scientific crisis. The good news is that, thanks to the work of scientist and philosopher Thomas Kuhn, we know what needs to be done to fix a scientific crisis. Moreover, there are two scientists in particular whose ideas could show how to do this for economics: Charles Darwin, the man who discovered evolution, and William Harvey, doctor to King Charles I and the first man to understand blood flow and the workings of the human heart.: --P[4] of cover.
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Item type Current location Collection Call number Status Date due Barcode Item holds
Book Book Social Science Book 330 Coo (Browse shelf) Available 24798
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"Economics is a broken science, living in a kind of Alice in Wonderland state believing in multiple, inconsistent, things at the same time. Prior to the financial crisis, mainstream economics argued simultaneously for small government on taxation, regulation and spending, but big government on monetary policy. After the financial crisis, economics is now arguing for more government spending and for less government spending. The premise of this book is that the internal inconsistencies between economic theories -- the apparently unresolvable debates between leading economists and the incoherent policies of our governments -- are symptomatic of economics being in a crisis. Specifically a scientific crisis. The good news is that, thanks to the work of scientist and philosopher Thomas Kuhn, we know what needs to be done to fix a scientific crisis. Moreover, there are two scientists in particular whose ideas could show how to do this for economics: Charles Darwin, the man who discovered evolution, and William Harvey, doctor to King Charles I and the first man to understand blood flow and the workings of the human heart.: --P[4] of cover.

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