David Orrell is an applied mathematician and authors of books on science and economics. His latest books are The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets, co-authored with Paul Wilmott, and Quantum Economics: The New Science of Money, which is forthcoming in 2018.
By Resilience.org Staff, Resilience.org
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By David Orrell, Open Democracy
The argument between orthodox economists and their critics resembles one that occurred in weather forecasting in the mid-nineteenth century, with the establishment of the UK Meteorology Office in 1854 by Admiral Robert FitzRoy.