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Thursday, October 28, 2010

"Economyths: Ten Ways Economics Gets It Wrong", by David Orrell

Amazon.com: Economyths: Ten Ways Economics Gets It Wrong (9780470677933): David Orrell: Books: Reviews, Prices & more

But then read David Orrell's book to get an idea of many of the things that are wrong with economics as it is currently taught.

Quotes:
  • "For a theory to last 150 years is a triumph, of sorts. For it to last one more decade will be a disaster."
  • "We have a line of credit with the rest of the planet, and it's flashing red. Soon it's going to get called in. We can't grow our way out, or work more hours. We can't hand back the keys and walk away. It's our home."

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