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If the aim of economics is really to provide the greatest happiness to the most people, than it is rather shocking to discover that economic growth has no net effect on happiness. So what has gone wrong with the neoclassical prospect?
David Orrell
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For even money itself has no value if there is no network of people to recognize it.
David Orrell
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The economy is a nonlinear fractal system, where the smallest scales are linked to the largest, and the decisions of the central bank are affected by the gut instincts of the people on the street.
David Orrell
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Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
David Orrell
Born:
1962
(age 62)
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