The Origin of Wealth ─ Evolution, Complexity, And the Radical Remaking of Economics

Beinhocker (a senior advisor to McKinsey & Company, a management consulting firm) has written this work in order to introduce a broad audience to what he believes is a revolutionary new paradigm in economics and its implications for our understanding of the creation of wealth. He describes how the growing field of complexity theory allows for evolutionary understanding of wealth creation, in which business designs co-evolve with the evolution of technologies and organizational innovations. In addition to giving his audience a tour of this field of complexity economics, he discusses its implications for real-world issues of business. Annotation c2007 Book News, Inc., Portland, OR (booknews.com)