Complexity economics draws on strands of the discipline less enamoured of equilibrium. Joan Robinson, a British economist, worried that equilibrium models understated the role of history in determining outcomes. The Economist
On a cosmic time scale, human history is as brief as the blink of an eye. By compressing all 13.8 billion years of time into a 10 minute scale, this video shows just how young we truly are, and just how ancient and vast our universe is. Youtube
M.M.T., as it’s known, is attracting a conspicuous number of fans in an unexpected place: Wall Street. Money managers, chief executives and business analysts maintain that the approach offers several important and overlooked insights, and far from finding it fanciful or deranged. New York Times
More than 40 governments worldwide have now adopted some sort of price on carbon, either through direct taxes on fossil fuels or through cap-and-trade programs. New York Times
© Stefan P. Schleicher 2024
