In 'More Heat Than Light', Philip Mirowski takes readers on a captivating journey through the tangled relationship between economics and physics. He uncovers how the methodologies of these two fields intertwine, sparking fascinating debates about knowledge and power. Mirowski challenges conventional wisdom, inviting us to reconsider the ways we apply scientific principles to economic theory. In a world obsessed with data and models, his insights prompt a critical examination of the credibility of economic assertions. This thought-provoking read will leave you questioning the very foundations of both disciplines and their impact on society.
By Philip Mirowski
Published: 1991
""In a world where knowledge is currency, the greatest wealth is found in the pursuit of understanding that transcends light and heat.""
The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.
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“"In a world where knowledge is currency, the greatest wealth is found in the pursuit of understanding that transcends light and heat."”
More Heat Than Light
By Philip Mirowski
Discover a world of knowledge through our extensive collection of book summaries.
Philip Mirowski is an influential philosopher of economics and the history and philosophy of science. He is known for his critical analysis of economic theory and its implications for public policy and philosophy. Mirowski has authored several notable works, including 'Machine Dreams: Economics Becomes a Cyborg Science' and 'Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown.' His writing style combines rigorous academic scholarship with accessible prose, making complex ideas in economics relatable to a broader audience. Mirowski critiques the assumptions underlying traditional economic models while emphasizing the importance of social and political contexts in shaping economic thought.
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Poor Charlie’s Almanack is an enlightening compilation of wisdom from Charlie Munger, the renowned vice chairman of Berkshire Hathaway and lifelong partner of Warren Buffett. This thought-provoking collection delves into Munger's unique principles of investing, decision-making, and life philosophy, rich with wit and insight. Through anecdotes, illustrations, and a treasure trove of mental models, readers are inspired to think critically and embrace diverse perspectives. Munger’s emphasis on lifelong learning and rational thought challenges conventional thinking and encourages harnessing multidisciplinary knowledge for personal and professional success. Unlock the secrets of Munger’s remarkable intellect and discover how they can transform your approach to wealth and wisdom.
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