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- DescriptionEcomics is changing radically. This paradigm shift, the biggest in the field for over a century, will have profound implications for business, government and society for decades to come. In this groundbreaking book, ecomic thinker and writer Eric Beinhocker surveys the cutting-edge ideas of the leading ecomists, physicists, biologists and cognitive scientists who are fundamentally reshaping ecomics, and brings their work alive for a broad audience. These researchers argue that the ecomy is a 'complex adaptive system', more akin to the brain, the internet or an ecosystem than to the static picture of ecomic systems portrayed by traditional theory. They claim it is the evolutionary process of differentiation, selection and amplification, acting on designs for techlogies, social institutions and businesses that drives growth in the ecomy over time. If Adam Smith provided the inspiration for ecomics in the twentieth century, it is Charles Darwin who is providing it in the twenty-first. If we can understand how evolution creates wealth, then we can better answer the question 'How can we create more wealth for the benefit of individuals, businesses and society?' Beinhocker shows how 'Complexity Ecomics' turns conventional wisdom on its head in areas such as business strategy, the design of organisations, the workings of stock markets and public policy. As sweeping in scope as its title, The Origin of Wealth is a landmark book that shatters orthodox ecomic theory, and will rewire our thinking about how we came to be here - and where we are going.
- Author BiographyEric D. Beinhocker is a partner at McKinsey & Company and is one of the leaders of its Global Strategy Practice. He has also worked as a venture capitalist, entrepreneur, and has held research appointments at the Harvard Business School, the MIT Center for Organizational Learning, and the Santa Fe Institute.
- Author(s)Eric Beinhocker
- Date of Publication05/04/2007
- SubjectCareers & Success
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- ImprintRandom House Business Books
- Content NoteIllustrations
- Weight375 g
- Width129 mm
- Height198 mm
- Spine34 mm
- Format DetailsB-format paperback
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