We live in an age of increasing complexity—an era of accelerating technology and global interconnection that holds more promise, and more peril, than any other time in human history. The fossil fuels that have powered global wealth creation now threaten to destroy the world they helped build. Automation and digitization promise prosperity for some, unemployment for others. Financial crises fuel growing inequality, polarization and the retreat of democracy.
At heart, all these problems are rooted in the economy, yet the guidance provided by economic models has often failed. Many books have been written about J. Doyne Farmer and his work, but this is the first in his own words. It presents a manifesto for how to do economics better. In this tale of science and ideas, Farmer fuses his profound knowledge and expertise with stories from his life to explain how we can bring a scientific revolution to bear on the economic conundrums facing society.
About the Author
J. Doyne Farmer is an American complex systems scientist and entrepreneur who pioneered many of the fields that define the scientific agenda of our times: chaos, complex systems, artificial life, wearable computing and more. He is the director of the Complexity Economics program at the Institute for New Economic Thinking at the Oxford Martin School, Baillie Gifford Professor of Complex Systems Science at the University of Oxford, chief scientist at Macrocosm and an external professor at the Santa Fe Institute.
Previously, he was an Oppenheimer Fellow and the founder of the Complex Systems Group at Los Alamos National Laboratory. While a graduate student, he led a cooperative that built the first wearable (and concealed) digital computer and used it in casinos, successfully beating the house. He was a founder of Prediction Company, an early quantitative automated trading firm that was sold to the United Bank of Switzerland in 2006. An adventurer and avid sailor, Doyne finds time to sail his boat, Eudemon, and is a founder of Macrocosm, a new company using complexity economics to guide the green energy transition.
This program is free, but advance registration is required. Registered guests will receive the link prior to the program. The first 100 attending guests will receive a FREE electronic copy of the book, courtesy of the Fordham Gabelli Center for Global Security Analysis.
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