This textbook serves as an introduction to the rising field of complexity economics. In thirteen chapters, it provides a comprehensive and systematic overview of the concepts and methods of complexity economics and their applications to economic issues.
The book explains that the complexity approach is not just another method, but a worldview that is different from the one of academics with neoclassical training. By contrasting complexity economics with neoclassical economics, the readers are induced to reflect on their own unconscious beliefs about the economic world and develop their own approach to dealing with the pervasive complexities and uncertainties of reality. The first five chapters serve as an introduction and overview. Chapters 6 – 12 present the core concepts of the book. Each of the seven chapters introduces a key concept of complexity and provides applications to economics topics. The final chapter discusses the implications of complexity thinking for economic policy and for the future development of economics.
This textbook addresses advanced undergraduate students and graduate students of economics, interested in a better understanding of the concepts and the way of thinking in complexity economics, as well as in acquiring a sound technical foundation to understand most of the research literature.

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An intriguing new scientific theory that explains what life is and how it emerges.

What is life? This is among the most difficult open problems in science, right up there with the nature of consciousness and the existence of matter. All the definitions we have fall short. None help us understand how life originates or the full range of possibilities for what life on other planets might look like.

In Life as No One Knows It, physicist and astrobiologist Sara Imari Walker argues that solving the origin of life requires radical new thinking and an experimentally testable theory for what life is. This is an urgent issue for efforts to make life from scratch in laboratories here on Earth and missions searching for life on other planets.

Walker proposes a new paradigm for understanding what physics encompasses and what we recognize as life. She invites us into a world of maverick scientists working without a map, seeking not just answers but better ways to formulate the biggest questions we have about the universe. The book culminates with the bold proposal of a new theory for identifying and classifying life, one that applies not just to biological life on Earth but to any instance of life in the universe. Rigorous, accessible, and vital, Life as No One Knows It celebrates the mystery of life and the explanatory power of physics.

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The book offers an exciting, non-technical intellectual journey around applying feedback control to emerging and managing local and global crises, thus keeping the world on a sustainable trajectory. There is a narrow border between destruction and prosperity: to ensure reasonable growth but avoid existential risk, we must find the fine-tuned balance between positive and negative feedback.  This book addresses readers belonging to various generations, such as: young people growing up in a world where everything seems to be falling apart; people in their 30s and 40s who are thinking about how to live a fulfilling life;  readers in their 50s and 60s thinking back on life; and Baby Boomers reflecting on their past successes and failures.

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Foundational Papers in Complexity Science maps the development of complex-systems science through eighty-eight revolutionary works originally published between 1922 and 2000. Curated by SFI President David C. Krakauer, each seminal paper is introduced and placed into its historical context, with enduring insights discussed by leading contemporary complexity scientists.

These four volumes are a product of collective intelligence. More than a compilation, Foundational Papers represents large-scale collaboration within the SFI community—brilliant thinkers who have contextualized the work that shaped their own research, resulting in a sparkling demonstration of how complexity shatters the usual scientific divisions and a look back at the path we’ve followed in order to gain a clearer view of what lies ahead.

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We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise – and more peril – than any other time in human history. As well as financial crises, issues around climate change, automation, growing inequality and polarization are all rooted in the economy, yet standard economic predictions fail us.

Many books have been written about Doyne Farmer and his pioneering work in chaos and complexity theory. Making Sense of Chaos is the first in his own words, presenting a manifesto for doing economics better. In a tale of science and ideas, Farmer fuses his profound knowledge with stories from his life to explain how to harness a scientific revolution to address the economic conundrums facing society.

Using big data and ever more powerful computers, we can for the first time apply complex systems science to economic activity, building realistic models of the global economy. The resulting simulations and the emergent behaviour we observe form the cornerstone of complexity economics. This new science, Farmer shows, will allow us to test ideas and make significantly better economic predictions – and, ultimately, create a better world.

More at: www.penguin.co.uk