The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money a

A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that

This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are i

Based on a three-year course prepared by Leon MacLaren for the School of Economic Science in London in the late 1960s, this book reassesses the first principles

Economics is traditionally taken to be the social science concerned with the production, consumption, exchange, and distribution of wealth and commodities. Econ