Making Sense of Chaos - A Better Economics for a Better World

Many books have been written about Doyne Farmer and his work, but Making Sense of Chaos is the first in his own words. It presents a manifesto for how to do economics better. A tale of science and ideas, Farmer fuses his profound knowledge and expertise with stories from his life to explain how we can bring a scientific revolution to bear on the economic conundrums facing society.

Using big data and ever more powerful computers, we are now able for the first time to apply complex systems science to economic activity, building realistic models of the global economy. The resulting simulations and the emergent behavior we observe form the cornerstone of the science of complexity economics, allowing us to test ideas and make significantly better economic predictions - to better address the hard problems facing the world.<>

Product details

• Authors: J Doyne Farmer, J. Doyne Farmer
• Publisher: Penguin Books Uk
• Languages: English
• Product format: Paperback
• Released: 24.04.2025
• EAN: 9780141981208
• ISBN: 978-0-14-198120-8
• No. of pages: 384
• Dimensions: 129 mm x 198 mm x 35 mm
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Social sciences, law, business > Business > General, dictionaries; BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Forecasting, SCIENCE / Philosophy & Social Aspects, SCIENCE / Chaotic Behavior in Systems, TECHNOLOGY & ENGINEERING / Social Aspects, Economic theory & philosophy, Popular economics, Impact of science & technology on society, Impact of science and technology on society, economic forecasting, Chaos Theory, SOCIAL SCIENCE / Technology Studies, Economic theory and philosophy