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Complexity and the Economy
A collection of previous published papers by the author on the subject of complexity economics, appearing from the 1980s to the present.
The Nature of Technology
The Nature of Technology will change the way you think about this fundamental subject forever. W. Brian Arthur's many years of thinking and writing about technology have culminated in a unique understanding of his subject. Here he examines the nature of technology itself: what is it and how does it evolve? Giving rare insights into the evolution of specific technologies and a new framework for thinking about others, every sentence points to some further truth and fascination. At a time when we are ever more reliant on technological solutions for the world's problems, it is extraordinary how little we actually understand the processes that lead to innovation and invention. Until now. This will be a landmark book that will define its subject, and inspire people to think about technology in depth for the very first time.
Increasing Returns and Path Dependence in the Economy
Pioneering work on an important new approach to economics.
The Emergence of Arthur Laffer
This book explores the origins of Arthur Laffer’s economic theories and how they became a part of mainstream economic policy. Utilizing interviews and archival material, Laffer’s life is traced from his early education through to his time working for the Nixon and Reagan administrations. Laffer’s influence on Reaganomics is discussed alongside the development of supply-side economics, the shift towards neoliberal policies, and the Laffer curve. This book aims to contextualise the work of Laffer within archival research and wider economic trends. It will be relevant researchers and policy makers interested in the history of economic thought and the political economy.
The Economy As An Evolving Complex System II
A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually ch...
How Britain Won the War of 1812
The book demonstrates the effectiveness of British maritime blockades, both naval blockade, which handicapped the American Navy, and commercial blockade, which restricted US overseas trade. The commercial blockade severely reduced US government income, which was heavily dependent on customs duties, forcing it to borrow, eventually without success. Actually insolvent, the US government abandoned its war aims.
Embracing Complexity
The book describes what it means to say the world is complex and explores what that means for managers, policy makers and individuals. The first part of the book is about the theory and ideas of complexity. This is explained in a way that is thorough but not mathematical. It compares differing approaches, and also provides a historical perspective, showing how such thinking has been around since the beginning of civilisation. It emphasises the difference between a complexity worldview and the dominant mechanical worldview that underpins much of current management practice. It defines the complexity worldview as recognising the world is interconnected, shaped by history and the particularitie...
The Economy As An Evolving Complex System
This book proceeds from a meeting at the Santa Fe Institute where economists and physical and biological scientists came together to discuss a conceptual framework incorporating a more appropriate mat
The Origin of Wealth
Focusing on 'Complexity Economics', this book provides an accessible and entertaining introduction to one of the most important intellectual developments of our time. It also aims to change forever, the way you think about business, the economy, and the world.
