When just a handful of economists predicted the 2008 financial crisis people should wonder how
so many well educated people with enormous datasets and computing power can be so wrong. In
this short book Ionut Purica joins a growing number of economists who explore the failings of
mainstream economics and propose solutions developed in other disciplines such as sociology
and evolutionary biology. While it might be premature to call for a revolution Dr. Purica
echoes John Maynard Keynes in believing that economic ideas are dangerous for good or evil. In
recent years evil seems to have had the upper hand. Nonlinear Dynamics of Financial Crises
points to their ability to do good.
