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In this article, the author briefly summarise the characteristics of the science of complexity or post- Bertalanffy General Systems. The author discusses the shift from considering systems as acquiring properties due to their explicit or supposed design, to self-organised, emergent systems....
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Why is the economy “complex”? For all the recent advances in the management sciences, businesses today face markets full of unexpected events, from cascading failures of lending institutions to speculative investment and the explosive growth of tech firms. In this talk, I argue that the...
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This entry discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the paper...
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