Description du livre
This book not only explores the ways in which the
economic crisis and associated austerity policies have adversely impacted the
physical and human infrastructure and conduct of scientific research, but also
considers how science can help us to understand the crisis and provide original
solutions. Starting with a detailed but accessible analysis of the scientific
method and the nature of scientific prediction, the book proceeds to address
the failure to forecast the economic crisis and the origins of the continuing
inertia in economic policy and theory. Attention is drawn in particular to the
shortcomings of neoclassical economics in terms of its description of the
economic system as being mechanical in nature andcharacterized by equilibrium.
This perspective mirrors the limitations and outdated ideas of nineteenth
century physics, which the book contrasts with the insights offered by modern
physics. The impact of neoliberal ideologies on scientific research is also
discussed in detail, highlighting their stifling effect on innovation and
diversification. In closing, the book emphasizes the need for state
intervention to guide and support scientific research as the core engine of
economic development that will deliver a sustainable future.