Quantum Economics

Reviews / Votes

As money becomes more digital and diffuse, it also becomes more quantum. In this timely and illuminating book, David Orrell brings us to the frontier of where economics, physics and psychology intersect. You'll never look at money the same again! -- Dr Parag Khanna, author of Connectography: Mapping the Future of Global Civilization Reading David Orrell's Quantum Economics is equivalent to playing a game of 3-D chess against the concept of value itself. The book easily switches between physical, economic and metaphysical conceptions of value, revealing their hidden parallels and paradoxes. The result is at once an explanation of our current economic predicament, a diagnosis of how we got there and a credible guide to the sort of "out of the box" thinking that is likely to get us out of it. After you've forgotten about the latest wheeze about the financial crisis, you'll be returning to this book. What is perhaps most surprising about it is just how readable -- yet thoroughly researched -- it is. -- Steve Fuller, Auguste Comte Chair in Social Epistemology, University of Warwick, and author of Post-Truth: Knowledge as a Power Game Orrell gives economic theory a much-needed shove into the world of science - understandable, fascinating, thought-provoking and ground-breaking. -- Hilliard MacBeth, author of When the Bubble Bursts: Surviving the Canadian Real Estate Crash (2nd Edition, June 2018) Beautifully written, inherently ethical, and often hilarious, this book is a must-read for anyone wanting to understand the weird, and getting weirder, world of modern finance.' -- Margaret Wertheim, author of Pythagoras' Trousers and The Pearly Gates of Cyberspace Rich with suggestive insights on every page and written in an accessible style, this book will both engage and infuriate its audience. For those of us who feel trapped in the professional cocoons of the like-minded, this book offers a chance to escape from the iron cages we have built. -- Peter J. Katzenstein, Walter S. Carpenter, Jr. Professor of International Studies, Cornell University Orrell has explained his ideas in a very lively style, providing the history and a basic explanation of the physics; and goes on to explore the various consequences of this dual nature, which neo-classical economics did not foresee. The book should be read, not only by economists but also by all decision-makers.' -- Asghar Qadir, Professor of Physics, National University of Science and Technology, Pakistan On the cusp of an earlier revolution, Karl Marx said all that is solid melts into air and all that is holy is profaned. Constructing a less mechanistic and even more revolutionary science of quantum economics, David Orrell proves it so. Orrell does not dabble in metaphor or metaphysics: he intellectually, persuasively and corrosively transmutates money into a quantum phenomenon. In the process, classical economics is profaned to good effect and a quantum future glimmers as a real possibility. -- James Der Derian, Chair of International Security Studies, University of Sydney