Shopping Cart -

Your cart is currently empty.
Continue Shopping
This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Boston Review > Economics After Neoliberalism (Summer 2019) > A TRANSDISCIPLINARY APPROACH

A TRANSDISCIPLINARY APPROACH

(Eric Beinhocker, W. Brian Arthur, Robert Axtell, Jenna Bednar, Jean-Philippe Bouchaud, David Colander, Molly Crockett, J. Doyne Farmer, Ricardo Hausmann, Cars Hommes, Alan Kirman, Scott Page, and David Sloan Wilson)

Complexity Economists

WE WELCOME NAIDU, RODRIK, AND ZUCMAN’S contribution and the debate it has inspired. We share much of their agenda for an economics “beyond neoliberalism”, in particular their emphasis on more empiricism, greater policy relevance, an increased focus on economic inclusion, and a broader notion of prosperity. We are also heartened by their calls to turn away from “market fetishism”; to reintroduce concerns about economic, social, and political power; and to take a more systemic, less siloed view of the economy.

Nonetheless, we believe that Naidu, Rodrik, and Zucman do not go far enough in their calls for reform. The vision they paint is still focused on the discipline of economics and anchored in the core ideas of neoclassical theory that dominated the field in the twentieth century. We believe that in order for economics to progress, it needs to fully embrace a transdisciplinary approach and modernize a number of its key concepts. Our backgrounds are in economics, political science, psychology, anthropology, physics, computer science, evolutionary theory, and complex systems theory. To us, the phenomenon called “the economy” is a highly complex, multilevel system that encompasses human biology, human behavior, group behavior, institutions, technologies, and culture, all mutually entangled in networks of nonlinear, dynamic feedback.

READ MORE
Purchase options below
Find the complete article and many more in this issue of Boston Review - Economics After Neoliberalism (Summer 2019)
If you own the issue, Login to read the full article now.
Single Issue - Economics After Neoliberalism (Summer 2019)
Was $16.99 $11.99
Annual Digital Subscription
Only $ 8.75 per issue
SAVE
49%
$34.99
Or 3499 points

View Issues

About Boston Review

Economics After Neoliberalism offers a powerful case for a new brand of economics—one focused on power and inequality and aimed at a more inclusive society. Three prominent economists—Suresh Naidu, Dani Rodrik, and Gabriel Zucman—lead off with a vision “for economic policy that stands as a genuine alternative to market fundamentalism.” Expanding on “the state of creative ferment” they describe, Boston Review has commissioned responses to their essay from economists, philosophers, political scientists, and policymakers across the political spectrum as well as new essays that challenge the current shape of markets and suggest more democratic alternatives. Lenore Palladino explores the misguided logic of shareholder primacy and points to more equitable approaches to corporate governance—such as employee ownership funds. Amy Kapczynski examines how the courts have developed a new, anti-democratic First Amendment that protects corporate speech at the expense of regulation designed to protect public health and safety. And Robert Manduca explores the importance of public discussion about economics by revisiting Chester Bowles's remarkable book, Tomorrow Without Fear, which explained Keynesian ideas to the public after World War II.