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Economists and humanity
Peter Smith sent me his new book The Reform of Economics: How the complex systems approach is building a realistic and humane alternative to laissez-faire. In a letter accompanying it, he said he has...
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Markets in stories
Yesterday I attended a very interesting conference, on Non-Equilibrium Social Science, which stands for making economics more realistic and interesting – looking at the economy in terms of non-linear...
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The El Farol problem goes digital
I saw this tweet and it immediately reminded me of Brian Arthur’s El Farol equilibrium story. AdamRFisher Please develop an app that simulates Waze recommendations to assess which routes will open up...
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Grass roots
There’s an interesting evaluation of Jane Jacobs in The Architectural Review, arguing that her fabulous book The Death and Life of Great American Cities misses the real target in attacking ‘planners’...
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Information, information, information
Yesterday my dear husband (@ruskin147) interviewed César Hidalgo (@cesifoti) about his new book Why Information Grows: The Evolution of Order from Atoms to Economies for next week’s edition of Tech...
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The information economy
I very much enjoyed reading Cesar Hidalgo’s Why Information Grows: The evolution of order, from atoms to economies. It’s a very original perspective on the process of secular economic growth, bringing...
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On Seeing Like A State
A tweet by @sclopit (Stefano Bertolo), exclaiming that sclopit in other news, I recently spent a couple of days with a large group of budding policy makers who had never heard of http://t.co/vX6k4IxxNE...
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Alone and together in the economy
There is an interesting new summary of the work of the Systemic Risk Centre, whose theme is the idea of endogenous risk: risk created by the interaction of participants in a market or economy, and...
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The world of yesterday
I’ve ben indulging in a non-econ book again, Stefan Zweig’s The World of Yesterday. Beautifully written, unsurprisingly dark, and – knowing his end – poignant. This pargraph describes life in post-WW1,...
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Wanting to change
Anybody who reads Duncan Green’s excellent blog, From Poverty to Power, won’t be entirely surprised by the approach he takes in his equally excellent new book, How Change Happens. It is based on two...
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