by Summary:
Though we live in a highly complex, networked world, the paradigm that guides policymaking is largely linear, mechanical, and “rational.” This leaves us blind to the obvious – including our own blindness – and vulnerable to conceptual traps and collective-action problems....Must-read. It's short and to the point. The main point is that societies are complex adaptive systems that are more suitably represented in terms of organic models than mechanical models. The Western tradition focuses on mechanical models, whereas the Chinese tradition focuses on organic models.Project SyndicateHow Paradigm Blindness Leads to Bad PolicyAndrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong. a member of the UNEP Advisory Council on Sustainable Finance, and a
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Though we live in a highly complex, networked world, the paradigm that guides policymaking is largely linear, mechanical, and “rational.” This leaves us blind to the obvious – including our own blindness – and vulnerable to conceptual traps and collective-action problems....Must-read. It's short and to the point. The main point is that societies are complex adaptive systems that are more suitably represented in terms of organic models than mechanical models. The Western tradition focuses on mechanical models, whereas the Chinese tradition focuses on organic models.Project SyndicateHow Paradigm Blindness Leads to Bad PolicyAndrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong. a member of the UNEP Advisory Council on Sustainable Finance, and a
Topics:
Mike Norman considers the following as important:
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Though we live in a highly complex, networked world, the paradigm that guides policymaking is largely linear, mechanical, and “rational.” This leaves us blind to the obvious – including our own blindness – and vulnerable to conceptual traps and collective-action problems....
Must-read. It's short and to the point. The main point is that societies are complex adaptive systems that are more suitably represented in terms of organic models than mechanical models. The Western tradition focuses on mechanical models, whereas the Chinese tradition focuses on organic models.
Project SyndicateHow Paradigm Blindness Leads to Bad Policy
Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong. a member of the UNEP Advisory Council on Sustainable Finance, and a former chairman of the Hong Kong Securities and Futures Commission; and Xiao Geng, Chairman of the Hong Kong Institution for International Finance and professor and Director of the Institute of Policy and Practice at the Shenzhen Finance Institute at The Chinese University of Hong Kong, Shenzhen