The New Economics
by W. Edwards Deming
Deming's final book: the system of profound knowledge, appreciation for a system, variation, theory of knowledge, psychology, and the red bead experiment. Short and foundational.
Read it if…
you want Deming's core framework in one book.
See the book →
Skip it if…
you want Out of the Crisis's fourteen points.
Try instead: Quality Is Free →
Three things you will actually use
- A system must have an aim.
- Most variation is the system, not the worker.
- Drive out fear.
Do this first
Read the chapter on the red beads.
Our verdict
Profound knowledge.
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