Tag Archives: complexity

Must-read.Joe Brewer elaborates on the foundation for contemporary problem solving at the macro level. It's short and to the point. This is going to take specialists in a variety of fields and generalists to tie it together. Being complex and therefore subject to emergence, it's always a work in progress as seizing opportunities leads to fresh challenges.ResilienceSociety As Platform — A New Frontier in Complexity Science Joe Brewer

More thoughts on economic methodology. First a framework is needed and then theories can be constructed and tested in that framework. The simplest frame and most economical theory that explains the data sufficiently to be useful is preferred.A framework involving complexity is not necessarily better than one that doesn't as long as it gets the job done.Smith observes that theories constructed within the conventional framework that conventional economists presume is not getting the job of...