The Death of Economics

ID: the-death-of-economics

"The Death of Economics" is a book written by British economist Paul Ormerod, published in 1994. In this work, Ormerod critiques the prevailing economic theories and models, arguing that traditional economics, particularly the neoclassical approach, is inadequate in explaining real-world economic phenomena. He emphasizes that many economic models rely heavily on simplifying assumptions that do not accurately reflect how economies operate.

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