Financial crises at a glance: bank crashes, geopolitics and how long til the rebound?

January 12, 2009
Here are two illuminating graphics from the Financial Times and Economist. First up is a figure from Martin Wolf’s latest column in the FT, itself based on a new paper by Carmen Reinhart and Kenneth Rogoff, showing the proportion of the world economy affected by banking crises, from 1900-2008. Its main features are a spike around the Great Depression of the
Read more >>

Final thought on Complexity Economics

January 9, 2009
This week, I’ve been mulling over Eric Beinhocker’s book, ‘The Origin of Wealth: Evolution, Complexity and the Radical Remaking of Economics’ (see previous posts – an overview and a discussion of the implications for our models of change). One question that remains is ‘why aren’t there more books like this?’ The initial idea of  ‘Complexity Economics’ dates from an epic debate
Read more >>

Complexity Economics, Evolution and How Change Happens

January 7, 2009
Eric Beinhocker’s book, ‘The Origin of Wealth: Evolution, Complexity and the Radical Remaking of Economics’ (for review see previous post) challenges our understanding of how change happens and the role of would-be ‘change agents’ like Oxfam.
Read more >>

Complexity Economics and Evolution – a Truly Big Idea

January 5, 2009
I spent much of the Christmas break sneaking off to read chapters of Eric Beinhocker’s path-breaking 2006 book ‘The Origin of Wealth: Evolution, Complexity and the Radical Remaking of Economics’. There’s probably too much to cover in one post, so I’ll follow up this overview with some more specific reflections in the days to come.
Read more >>

How Change Happens: a framework, some case studies, and some reading

December 16, 2008
Read more >>