- Published: 6 December 2018
- ISBN: 9781448106226
- Imprint: Cornerstone Digital
- Format: EBook
- Pages: 544
The Origin Of Wealth
Evolution, Complexity, and the Radical Remaking of Economics
'Unquestionably the most important business book of the year.' - Management Today
Economics 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.
- Published: 6 December 2018
- ISBN: 9781448106226
- Imprint: Cornerstone Digital
- Format: EBook
- Pages: 544
... 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
A remarkable book ... you must read it. It is unquestionably the most important business book of the year
Management Today
Mr Beinhocker is a master synthesizer
Michael Schrage, strategy + business
A brilliant piece of intellectual history that deserves a prominent place on any shelf of economic literature
The Washington Post
