On an early morning walk years ago a friend told me about Eric Beinhocker’s book, The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics. In a review of the book, William Grassie said: “The genius of the book is Eric Beinhocker’s grand synthesis of diverse fields of research, including physics, evolutionary biology, anthropology, psychology, game theory, information theory, and economic history, all to tell the big story about why traditional neo-classical economic theory fails, and how “Complexity Economics” works.”
Tourism is not a clearly defined industry in the International Standard Industrial Classification of all Economic Activities (ISIC). The key factor in the Tourism Satellite Account for South Africa is to relate purchases by tourists to the total supply of these goods and services. Quantification of tourism enterprise numbers does not form part of the national assessments; yet it was necessary to know how many tourism-related enterprises could be impacted by shale gas production in the study area of the Karoo.
EOSA 