New Economic Thinking: “complexity polinomics” – an introduction.

Concepts such as self-organization, non-linearity, tipping points and chaos have entered the social discourse, helping us explore a wide range of social phenomena, from wars to business cycles. In the field of economics, such concepts have shed new light on the very nature of economic phenomena, and to a large extent undermined many of our fundamental assumptions regarding the manner in which economic systems develop and behave. Today, this new emerging field of ‘complexity economics’ is fast becoming a leading framework for the development of a new toolbox for sense-making and operational design for the 21st century.

In our first post, Orit Gal introduces the key principles of complexity economics, their relevancy and added value to all practitioners, whether designing strategies or promoting change, within the business or the public spheres.

Read the article.

Advertisements