The New Yorker has selected an SFI working paper by SFI External Professor W. Brian Arthur as one of the best long-form business articles of 2013.
Writes The New Yorker's John Cassidy on economics: "Since the orthodox models failed, there’s been a revival of interest in other approaches. Earlier this year, W. Brian Arthur, of the Sante Fe Institute, published a working paper, 'Complexity Economics,' explaining the field after which the paper is titled, which uses computer models to study the development of things like stock-market crashes and technological lock-in. I’m not entirely convinced these models will perform better than the old ones, but Arthur is one of the pioneers in the field, and his article is very readable. (No equations!)"
Says Arthur about the paper: "This surprised me -- it's certainly not a business paper. But I'm delighted. I wrote it as a sum-up of the approach to economics we pioneered at SFI. It's an introductory chapter to my book, Complexity and the Economy, coming out in 2014."
Read Arthur's SFI working paper (April 2013)
Read the article in The New Yorker (December 18, 2013)