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Anotace knihy

The economy is a system. Like every system, it has bugs, and they can be found and fixed.

Engineers know how to build systems that work: give them a clear objective, feedback that corrects their course and a way to trace failures to their cause. Living things solved the same problem long before us, managing scarce energy, information and cooperation with remarkable efficiency. Our economies, meanwhile, steer by GDP, a number that rises with oil spills and overwork, and pass the gains from automation to fewer and fewer people.

Debugging the Economy rebuilds economics from first principles. It starts with physics, biology and ecology, moves through the psychology of how people actually decide, then takes on markets, money and government, and asks one question throughout: what system would maximise the well-being of everyone it affects?

Inside you will find:

• Why trade-offs, feedback and signals work the same way in a forest, a beehive and a market
• How human decision-making really works, and what that means for incentives and institutions
• Where today's systems fail: inequality, financial crises and ecological limits
• The Discounted Well-Being Index: an objective to optimise instead of GDP, borrowed from reinforcement learning
• Universal Capitalism: every person holds a stake in their society's productive assets from birth, so the gains from machines are shared (and it is not a basic income)
• Asset-based money: payments as transfers of ownership, with a small island economy you can follow step by step
• Institutions that learn, and a practical path from here to there that keeps what already works

If you build technology, run or invest in a business, or shape policy, you will recognise the tools: objectives, feedback loops, incentives that get gamed and systems that need debugging. Every proposal comes with its incentives, trade-offs and implementation challenges, and the chapters end with practical steps for your own decisions. No economics background is needed: each idea is explained where it first appears, and the argument rests on more than 360 sources.

About the author: Andreas Huemer holds a PhD in Artificial Intelligence, specialising in reinforcement learning and control theory, and a Master's degree in Innovative Governance of Large Urban Systems. A software engineer and entrepreneur, he was born in Austria and lives in Australia, where he runs a company that organises trail running events.

Parametry knihy

• Plný název: Debugging the Economy
• Podnázev: What Nature and Computer Science Teach Us About Fixing the System
• Autor: Andreas Huemer
• Jazyk: Angličtina
• Vazba: Brožovaná
• Počet stran: 396
• EAN: 9781763995222
• ISBN: 1763995224
• ID: 54491048
• Nakladatelství: Kinevora Pty Ltd
• Hmotnost: 529 g
• Rozměry: 229 × 152 × 22 mm
• Datum vydání: 09. November 2026

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