Chaos, management and economics : the implications of non-linear thinking
Author(s)
Bibliographic Information
Chaos, management and economics : the implications of non-linear thinking
(Hobart paper, 125)
Institute of Economic Affairs, c1994
- : pbk
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Note
"Second impression 1995"
"'Want to run a company? A country? The Treasury? Then rip up the planning sheets and embrace creative chaos.' Financial Times" -- cover
Bibliography: p. 99-112
Description and Table of Contents
Description
First published in 1994, this title was the best selling IEA publication of the 1990s. It applies the ideas of 'chaos theory', more usually found in the natural sciences, to economic and social systems, with some profound implications for the management of business and the economy. The authors suggest that a chaotic world is more complex than can be captured by the linear equations generally used by economic modellers and the assumptions of neo-classical economics, and in some ways bears a striking resemblance to the views taken by the Austrian School. This title provides a concise and straightforward introduction to the application of Chaos Theory to the social sciences, which as its authors say, 'provides a new and exciting departure point for the study of organisations and economies'.
by "Nielsen BookData"