Paul Ormerod
Economist and author of “Why Most Things Fail... And how to avoid it”
Paul read economics at Cambridge and took the MPhil in economics at Oxford. He worked initially as a macro-economic forecaster and modeller at NIESR before moving to the private sector. He was Director of Economics at the Henley Centre for Forecasting for a decade
He has published three best selling books, Death of Economics (1994), Butterfly Economics (1988) and Why Most Things Fail, a Business Week, US Business Book of the Year 2006
His main interest is in complex systems, of which the economy is an example. He publishes widely in academic journals such as Physica A, Futures, Cultural Science and the Journal of Artificial Societies and Social Simulation.
In 2007, he wrote, with Helen Johns, an IEA monograph which is critical of happiness/wellbeing.
He is a Fellow of the Academy of Social Sciences and a director of Volterra Consulting.











