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Quantum Economics : The New Science of Money

A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that it has been trying to solve the wrong problem all along.

Economics sees itself as the science of scarcity. Instead, it should be the science of money (which plays a surprisingly small role in mainstream theory). And money is a substance that turns out to have a quantum nature of its own.

Just as physicists learn about matter by studying the exchange of particles at the subatomic level, so economics should begin by analysing the nature of money-based transactions. Quantum Economics therefore starts with the meaning of the phrase 'how much' – or, to use the Latin word, quantum.

From quantum physics to the dualistic properties of money, via the emerging areas of quantum finance and quantum cognition, this profoundly important book reveals that quantum economics is to neoclassical economics what quantum physics is to classical physics – a genuine turning point in our understanding.


Author:

  • David Orrell

Format:

  • E-book

Duration:

  • 338 pages

Language:

English

Categories:

  • Nonfiction
  • Business

More by David Orrell

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  1. The Money Formula : Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets

    Paul Wilmott, David Orrell

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  2. Money, Magic, and How to Dismantle a Financial Bomb : Quantum Economics for the Real World

    David Orrell

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  3. Behavioural Economics : Psychology, neuroscience, and the human side of economics

    David Orrell

    audiobookbook
  4. Economyths : 11 Ways Economics Gets it Wrong

    David Orrell

    book
  5. Economyths : How the Science of Complex Systems is Transforming Economic Thought

    David Orrell

    book

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