Revolutionary and evolutionary views of scientific change. (Image: David Krakaeur)
In his quarterly column, SFI President David Krakauer asks how economics, a social science, could experience the revolutions and refutations that characterize progress in the natural sciences.
On the occasion of SFI’s November symposium dedicated to exploring a “New Complexity Economics,” Krakauer names one method and one fundamental framework from complexity science that could transform economics, in tandem with "the exponentiation of data and computer power, progress in algorithms, statistical physics, adaptive dynamics, and in neural, behavioral and cognitive science... likely to transform all that we study at SFI, including the economy.”
Read the column on Medium (November 7, 2019)