Abstract. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a te
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In his new book Making Sense of Chaos Doyne Farmer presents a manifesto for how to do economics better. He describes how rebellious economists and other scientists are revolutionising our ability to predict the economy, developing new approaches to answer questions such as: What causes financial turbulence? Why do markets malfunction, and can we make them work better? Is