Economyths: 11 ways economics gets it wrong, by David Orrell
November 28, 2017
When Economyths was first published in 2010, David Orrell showed how mainstream economics is based on key myths such as fair competition, rational behavior, stability and eternal growth - and how these myths lead paradoxically to their opposites: inequality, an irrational economy, financial instability and a collision with nature's limits.
In this revised and expanded edition, Orrell shows how the ten myths still dominate economics. And in a new final chapter, he uncovers, demolishes and develops an alternative to the greatest economyth of all - the one that will finally lead to the collapse of orthodox economics.