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Science and the Economic Crisis

Impact on Science, Lessons from Science

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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 and characterized 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This perspective mirrors the limitations and outdated ideas of nineteenth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.


Titel: Science and the Economic Crisis
Autoren/Herausgeber: Francesco Sylos Labini
Ausgabe: 1st ed. 2016

ISBN/EAN: 9783319295275

Seitenzahl: 171
Format: 23,5 x 15,5 cm
Produktform: Taschenbuch/Softcover
Gewicht: 296 g
Sprache: Englisch

Francesco Sylos Labini is a theoretical physicist who obtained his PhD from the University of Bologna and worked for eight years in Switzerland and France before becoming a staff researcher at the Enrico Fermi Center in 2010. He currently works at the Institute for Complex Systems of the Italian National Research Council in Rome. Dr. Labini is specialized in cosmology, astrophysics, and complex systems and his research activity includes subjects that are at the interface between complex systems, cosmology, and gravitational dynamics. Besides physics he is interested in science policy and epistemology. Dr. Labini has published almost one hundred scientific publications in peer-reviewed journals. He is also the co-author of I ricercatori non crescono sugli alberi (Laterza, 2010) and has a blog on the website of the Italian daily Il Fatto Quotidiano. He is current president of the association (Roars: Return on Academic Research). - Newsletter
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