Baseball players or cricketers do not need to be able to so… - Paul Ormerod

" "
Baseball players or cricketers do not need to be able to solve explicitly the non-linear differential equations which govern the flight of the ball. They just catch it.

Paul Ormerod

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

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.

All quotes from Paul Ormerod Similar Quotes by other Originators

Originators like Paul Ormerod:

Steve Keen Paul Krugman Paul Samuelson John Komlos Joseph E. Stiglitz

Additional quotes by Paul Ormerod

Even in financial markets, the concept of market efficiency does not hold.

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.

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

Baseball players or cricketers do not need to be able to solve explicitly the non-linear differential equations which govern the flight of the ball. … - Paul Ormerod

About Paul Ormerod

Works in ChatGPT, Claude, or Any AI

Additional quotes by Paul Ormerod

Works in ChatGPT, Claude, or Any AI