First published in 1994, this title was the best selling IEA publication of the 1990s. It applies the ideas of 'chaos theory', more usually found in the natural sciences, to economic and social systems, with some profound implications for the management of business and the economy. The authors suggest that a chaotic world is more complex than can be captured by the linear equations generally used by economic modellers and the assumptions of neo-classical economics, and in some ways bears a striking resemblance to the views taken by the Austrian School. This title provides a concise and straightforward introduction to the application of Chaos Theory to the social sciences, which as its authors say, 'provides a new and exciting departure point for the study of organisations and economies'.
- ISBN10 0255363338
- ISBN13 9780255363334
- Publish Date 19 May 1994 (first published 1 January 1994)
- Publish Status Out of Print
- Out of Print 14 August 2014
- Publish Country GB
- Imprint Institute of Economic Affairs
- Format Paperback (US Trade)
- Pages 112
- Language English