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Economics: Complex Windows (Hardcover, 2005 ed.)
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Economics: Complex Windows (Hardcover, 2005 ed.)
Series: New Economic Windows
Expected to ship within 12 - 17 working days
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"In some ways, the e?ect of achieving understanding is to reverse
completely our initial attitude of mind. For everyone starts (as we
have said) by being perplexed by some fact or other: for
instance... the fact that the diagonal of a square is
incommensurable with the side. Anyone who has not yet seen why the
side and the diagonal have no common unit regards this as quite
extra- dinary. But one ends up in the opposite frame of mind... for
nothing would so much ?abbergast a mathematician as if the diagonal
and side of a square were to become commensurable". [Aristotele]
This is the ?rst volume of a new series entitled "New Economic
Windows". Each volume in the series will, we hope, provide pointers
towards a better understanding of the nature of economic phenomena
and help to "reverse our initial state of mind" as economists. As
H. Simon observed, Economics must be considered a "hard", (in the
sense of di?cult rather than precise), science. As he cogently
argued, the problems dealt with are so complex they "cannot simply
be reduced to analytically solvable models or decomposed into sepa-
1 rate sub processes". In this he was following on from Einstein
who, many years earlier, when asked why he had not turned his
attention to economics said that he found it too di?cult a subject
to handle scienti?cally.
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