{"id":35147,"date":"2024-07-18T07:01:23","date_gmt":"2024-07-18T07:01:23","guid":{"rendered":"https:\/\/eces.org.eg\/?p=35147"},"modified":"2024-07-18T07:05:26","modified_gmt":"2024-07-18T07:05:26","slug":"making-sense-of-chaos","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/making-sense-of-chaos\/","title":{"rendered":"Making Sense of Chaos"},"content":{"rendered":"\n<p><strong>Overview:<br><\/strong>We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise \u2013 and more peril \u2013 than any other time in human history. As well as financial crises, issues around climate change, automation, growing inequality and polarization are all rooted in the economy, yet standard economic predictions fail us.<br>Using big data and ever more powerful computers, we can for the first time apply complex systems science to economic activity, building realistic models of the global economy. The resulting simulations and the emergent behaviour we observe form the cornerstone of complexity economics. This new science, Farmer shows, will allow us to test ideas and make significantly better economic predictions \u2013 and, ultimately, create a better world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview:We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise \u2013 and more peril \u2013 than any other time in human history. As well as financial crises, issues around climate change, automation, growing inequality and polarization are all rooted in the economy, yet standard economic predictions fail us.Using [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-35147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selected-books"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Making Sense of Chaos - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/making-sense-of-chaos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Making Sense of Chaos - ECES\" \/>\n<meta property=\"og:description\" content=\"Overview:We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise \u2013 and more peril \u2013 than any other time in human history. 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