The Nature of the Beast: how economists mistook wild horses for a rocking chair.
Mainstream free-market economics fundamentally mis-identifies the nature of market economies. Its record is of retarded growth followed by disaster. It counts costs as positives instead of negatives. It is blind to how the present banking system destabilises the economy. It is relentlessly materialistic and adversarial. It ignores most of what we know about real people and the real world.
The result is pseudo-scientific gobbledygook, and the unstable, inequitable, undemocratic, destructive and unsustainable mess known as the global economy.
The Nature of the Beast draws out the real nature of market economies using modern knowledge of systems, human behaviour, ecology, biology and physics. It points the way to stable, prosperous, democratic market economies that can support people, societies and the living world into the indefinite future.
… if we leave the development of economics only to economists, then the intellectual revolution that economics desperately needs will never occur. … If change is going to come, it will be from other professions, like physics, engineering and biology.
Geoff Davies was one of the very first to do this, long before the current crisis hit, and his physics- and biology-inspired work is part of the promise of a future economics that is actually useful–unlike the downright dangerous fantasies of today’s neoclassical economists.”
The Honourable Tom Uren, AO, former Australian Federal Labor Minister:
See more praise.
Download the e-book
A pdf (5.4 Mb) of The Nature of the Beast can be downloaded from the following link:
If you would like an epub version (3.5 Mb) you can request one here, and I’ll send it to you. (WordPress does not allow epub files to be uploaded.)
Any problems, queries or comments, contact me at
geoffd – at – netspeed.com.au .