Here's the teaser:
"Albert Einstein has been quoted as saying, "Everything should be made as simple as possible, but not simpler than that." Mainstream economics makes everything "too simple", and therefore it misses reality." (page 55)
Isn't it interesting? As an economics student I do agree with this. The assumption of ceteris paribus (all else remains constant) means that models are rarely true to reality.
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This sounds like a really interesting book! I remember hearing about Yunus and the Grameen Bank and thinking he was a really interesting man! I definitely want to read this one at some point! Thanks for sharing :) I'm a new follower!
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Juli @ Universe in Words
I love the Albert Einstein quote. Simplicity is a beautiful thing.
ReplyDeleteSparrow's Teaser | Wonder
Sounds like a fascinating book -- one my husband would definitely enjoy. I like the Einstein quote.
ReplyDeleteMy Teaser is from RYELEE’S COWBOY.
Sounds really good!
ReplyDeleteMissie @ A Flurry of Ponderings