Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible. - Paul Ormerod

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Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.

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About Paul Ormerod

Paul Ormerod (born in 1969) is a British economist who is researching complexity, complex systems, nonlinear feedback, the boom and bust cycle of business and economic competition. Ormerod uses a multidisciplinary approach, making use of biology, physics, mathematics, statistics and psychology as sources of results that can be applied to economics.

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Additional quotes by Paul Ormerod

The study of human societies and economics is of great importance, and it is not the purpose of the book to suggest otherwise. Rather it is to argue that conventional economics offers a very misleading view of how the world actually operates, and that it needs to be replaced.

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