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Butterfly Economics
''Butterfly Economics: A New General Theory of Social and Economic Behavior'' is a book by Paul Ormerod dealing with economic theory, published in 1998. The author uses a plethora of insect-related metaphors to show that an economy tends to function like a living organism and is thus able to learn and to adapt. The theory presented by the book departs from conventional economic wisdom which understands individuals as isolated decision makers who act based on a rational evaluation of sufficient information about cost and benefits of respective choices. Butterfly economics adds interaction to the equation and argues that individuals interact when pursuing their interests, thereby gaining new information, which in turn influences their decision-making. References Economics books Metaphors referring to insects 1998 non-fiction books Faber & Faber books {{Econ-book-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Ormerod
Paul Andrew Ormerod (born 20 March 1950) is a British economist who is a partner at Volterra Partners consultancy. Additionally, he is a visiting professor at UCL Centre for Decision Making Uncertainty. Research Ormerod has researched complexity, complex systems, nonlinear feedback, the boom and bust cycle of business and economic competition. He uses a multidisciplinary approach, making use of biology, physics, mathematics, statistics and psychology as sources of results that can be applied to economics. Biography Paul Ormerod is a British economist who has worked in a wide variety of fields. He is a founder of the economics consultancy Volterra Partners LLP, and remains a partner. Academically, in the 1980s and 1990s he was a visiting professor of economics at Queen Mary, University of London, and the University of Manchester. Paul was a Distinguished Fellow, Institute of Advanced Study, University of Durham, 2007/08 and a visiting professor in the Anthropology Departmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faber And Faber Limited
Faber and Faber Limited, commonly known as Faber & Faber or simply Faber, is an independent publishing house in London. Published authors and poets include T. S. Eliot (an early Faber editor and director), W. H. Auden, C. S. Lewis, Margaret Storey, William Golding, Samuel Beckett, Philip Larkin, Sylvia Plath, Ted Hughes, Seamus Heaney, Paul Muldoon, Milan Kundera and Kazuo Ishiguro. Founded in 1929, in 2006 the company was named the KPMG Publisher of the Year. Faber and Faber Inc., formerly the American branch of the London company, was sold in 1998 to the Holtzbrinck company Farrar, Straus and Giroux (FSG). Faber and Faber ended the partnership with FSG in 2015 and began distributing its books directly in the United States. History Faber and Faber began as a firm in 1929, but originated in the Scientific Press, owned by Sir Maurice and Lady Gwyer. The Scientific Press derived much of its income from the weekly magazine ''The Nursing Mirror''. The Gwyers' desire to expand i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics Books
Economics () is a behavioral science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as basic elements within economies, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and investment expenditure interact; and the factors of production affecting them, such as: labour, capital, land, and enterprise, inflation, economic growth, and public policies that impact these elements. It also seeks to analyse and describe the global economy. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocatin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metaphors Referring To Insects
A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another. It may provide, or obscure, clarity or identify hidden similarities between two different ideas. Metaphors are usually meant to create a likeness or an analogy. Analysts group metaphors with other types of figurative language, such as antithesis, hyperbole, metonymy, and simile. According to Grammarly, "Figurative language examples include similes, metaphors, personification, hyperbole, allusions, and idioms." One of the most commonly cited examples of a metaphor in English literature comes from the "All the world's a stage" monologue from ''As You Like It'': All the world's a stage, And all the men and women merely players; They have their exits and their entrances And one man in his time plays many parts, His Acts being seven ages. At first, the infant... :—William Shakespeare, ''As You Like It'', 2/7 This quotation expresses a metaphor because the world is n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Non-fiction Books
1998 was designated as the ''International Year of the Ocean''. Events January * January 6 – The '' Lunar Prospector'' spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently shadowed craters near the Moon's poles. * January 11 – Over 100 people are killed in the Sidi-Hamed massacre in Algeria. * January 12 – Nineteen European nations agree to forbid human cloning. * January 17 – The '' Drudge Report'' breaks the story about U.S. President Bill Clinton's alleged affair with Monica Lewinsky, which will lead to the House of Representatives' impeachment of him. February * February 3 – Cavalese cable car disaster: A United States military pilot causes the deaths of 20 people near Trento, Italy, when his low-flying EA-6B Prowler severs the cable of a cable-car. * February 4 – The 5.9 Afghanistan earthquake shakes the Takhar Province with a maximum Mercalli intensity of VII (''Very strong''). Wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
