David Orrell

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Edmonton, Canada
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David Orrell, Ph.D. is a scientist and author of popular science books. He studied mathematics at the University of Alberta, and obtained his Ph.D. from Oxford University on the prediction of nonlinear systems.

His work in mathematical modeling and complex systems research has led him to diverse areas such as weather forecasting, particle accelerator design, economics, and cancer biology. He has authored or coauthored research papers for journals including Journal of the Atmospheric Sciences, Nature Genetics, the International Journal of Bifurcations and Chaos, and Physica D.

He is the author of Economyths and The Other Side of the Coin: The Emerging Vision of Economics and Our Place in The World about new economic theories; and
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Shifting the Economyths

This is the text for my contribution to the online conference Beyond the False Dichotomy: Shifting the Narrative

I wrote Economyths a little over ten years ago, and in part the book was my response to the financial crisis. The thesis was that mainstream economics is based on a number of what I called economyths which were defined as beliefs or stories that have shaped economic thought. There we

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Published on May 17, 2021 08:29
Average rating: 3.68 · 1,401 ratings · 175 reviews · 23 distinct worksSimilar authors
Introducing Economics: A Gr...

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3.58 avg rating — 524 ratings — published 2011 — 7 editions
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Economyths: 11 Ways Economi...

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The Future of Everything: T...

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Quantum Economics: The New ...

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The Evolution of Money

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Truth or Beauty: Science an...

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The Other Side of the Coin:...

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Behavioural Economics: Psyc...

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Entendendo Economia

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3.17 avg rating — 6 ratings — published 2011
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Gaia

4.50 avg rating — 2 ratings2 editions
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David Orrell wrote a new blog post

QEF08 – Quantizing Propensity

Perhaps the biggest difference between quantum economics and classical economics is that classical economics is based on the idea of a utility functio Read more of this blog post »
More of David's books…
“Nature has placed mankind under the governance of two sovereign masters – pain and pleasure … The principle of utility recognizes this subjection, and assumes it for the foundation of that system, the object of which is to rear the fabric of felicity by the hands of reason and of law.”
David Orrell, Introducing Economics: A Graphic Guide

“Smith argued that the most essential thing that holds a society together, apart from a proper legal framework, is commerce. A stable society can exist in which each person is motivated only by “a sense of utility, without any mutual love or affection”.”
David Orrell, Introducing Economics: A Graphic Guide

“According to neoclassical economics, the economy was a machine for creating what Francis Edgeworth called “the maximum energy of pleasure”. But studies of self-reported life satisfaction showed that the pleasure machine was failing even in rich countries like the US, where happiness peaked some time back in the 1950s or 60s, and had been in slight decline ever since.”
David Orrell, Introducing Economics: A Graphic Guide

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