Publisher: Faber & Faber, 2005, 255 pages
ISBN: 0-571-22013-4
Keywords: Macroeconomics
From the best selling author of The Death of Economics and Butterfly Economics, a ground-breaking look at a truth all too seldom acknowledged: most commercial and public policy ventures will not succeed.
Paul Ormerod draws upon recent advances in biology to help us understand the surprising consequences of the Iron Law of Failure. And he shows what strategies corporations, businesses and governments will need to adopt to stand a chance of prospering in a world where only one thing is certain.
I had high hopes for this book, based on the title and the back-cover, but it is mostly a try to merge the biological science with the business world. Unfortunately, it doesn't come close, as it draws some very long-winding conclusions, that doesn't seem to be backed by the facts of the book. And most importantly, it absolutely doesn't fulfill the promise of its title.
Not really bad, but not very good either…
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