What I’ve been reading: Why Most Things Fail

This is Paul Ormerod’s offering from 2005. I’m catching up. I enjoyed the book very much, although felt the last chapters were by far the best and most original. In them Ormerod studies patterns of biological extinctions and corporate bankruptcies, looks at the mathematical models that best explain them, and concludes that businesses appear to die out without any process of effective foresight, much as biological species do. Lots to chew over – an inspiration.

The Undercover Economist: a guide

Publishing schedule: Excerpts from "The Undercover Economist" and "Dear Economist", Tim's weekly columns for the FT Magazine, are published on this blog on Saturday mornings.
More about Tim: Tim also writes editorials for the FT, presents Radio 4's More or Less and is the author of "The Undercover Economist" and "The Logic of Life".
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