Why Most Things Fail: Evolution, Extinction and Economics

Why Most Things Fail: Evolution, Extinction and Economics
Автор
 
Год
 
Страниц
 
272
ISBN
 
0375424059
Издатель
 
Prentice Hall
Категория
 
Разное

Описание:

With the same originality and astuteness that marked his widely praised Butterfly Economics , Paul Ormerod now examines the“Iron Law of Failure” as it applies to business and government–and explains what can be done about it. “Failure is all around us,” asserts Ormerod. For every General Electric–still going strong after more than one hundred years–there are dozens of businesses like Central Leather, whichwas one of the world’s largest companies in 1912 but was liquidated in 1952. Ormerod debunks conventional economic theory–that the world economy ticks along in perfect equilibrium according to the best-laid plans of business and government–and delves into the reasons for the failure of brands, entire companies, and public policies. Inspired by recent advances in evolutionary theory and biology, Ormerod illuminates the ways in which companies and policy-setting sectors of government behave much like living...

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