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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 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...
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.
The Complexity Vision and the Teaching of Economics
This ground-breaking book focuses on the implications of the complexity vision, such as that held by economists at the Santa Fe Institute, for the teaching of economics. This complexity vision suggests that answers to questions such as how do markets develop and how do they evolve need to be approached head on. Complexity economics is beginning to do just that. Most of the work in complexity is highly formal and technical; it seems far away from issues such as the teaching of economics. This book is different. The focus of this book is not on the grand theories, or technical aspects, of complexity. Instead it is on the teaching of economics. It asks the question: how would the teaching of economics change if complexity is taken seriously? An outstanding group of contributors, including Brian Arthur, Buz Brock, and Duncan Foley, provide interesting and provocative answers to that question in a non-technical and highly accessible style. It is a book that should be read by all those teaching economics, as well as those who are interested in where the complexity revolution in science might be leading.
43 Visions for Complexity
Coping with the complexities of the social world in the 21st century requires deeper quantitative and predictive understanding. Forty-three internationally acclaimed scientists and thinkers share their vision for complexity science in the next decade in this invaluable book. Topics cover how complexity and big data science could help society to tackle the great challenges ahead, and how the newly established Complexity Science Hub Vienna might be a facilitator on this path.
Einstein Meets Magritte: An Interdisciplinary Reflection
Einstein Meets Magritte: An Interdisciplinary Reflection presents insights of the renowned key speakers of the interdisciplinary Einstein meets Magritte conference (1995, Brussels Free University). The contributions elaborate on fundamental questions of science, with regard to the contemporary world, and push beyond the borders of traditional approaches. All of the articles in this volume address this fundamental theme, but somewhere along the road the volume expanded to become much more than a mere expression of the conference's dynamics. The articles not only deal with several scientific disciplines, they also confront these fields with the full spectrum of contemporary life, and become new science. As such, this volume presents a state-of-the-art reflection of science in the world today, in all its diversity. The contributions are accessible to a large audience of scientists, students, educators, and everyone who wants to keep up with science today.
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
