Complexity and the Economy: Insights for Navigating Debt and Growth

Complexity and the Economy: Insights for Navigating Debt and Growth

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An interactive discussion.

Wednesday 15 January

2:00 pm EST/5:00 pm UTC on Zoom

The United States is in a debt crisis, forcing market overreactions and panic. Complexity science offers a lens to view and model monetary and fiscal policy, to predict market failures and guide us towards sustained economic growth.

In this conversation, Dr. Yaneer Bar-Yam, founder of the New England Complex Systems Institute (NECSI) and co-founder of the World Health Network (WHN), will explain principles around Universal Economic dynamics and how social behaviors observed in the material world may or may not have impact on society.

•Universal economic behaviors: how a universal monetary and response dynamics framework can explain the relationship between economic activity and intervention, including monetary and fiscal policy.

•Tax policy for interactive growth: how a reduction in national debt will increase government receipts.

•The cycling of flows: an analysis of the local barriers to achieving self-consistent flows in individual countries, as well as the local opportunities, reveals which interventions will be most constructive, and which policies are required to enable effective development interventions.

Attendees will learn how complexity science provides a framework for understanding  economic and power dynamics, and practical tools for developing effective systems. 

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About the Speaker

Professor Yaneer Bar-Yam is co-founder of the World Health Network and founder of the New England Complex Systems Institute. He is a pandemic expert who has advised the UN, WHO, the US NSC, CMS, and CDC. He has warned about global pandemics for 15 years and contributed outbreak response protocols for stopping Ebola in Africa in 2014, which succeeded. He is an MIT-trained physicist, and complexity scientist. Since the late 1980s, Bar-Yam has contributed to founding the field of complexity science, introducing fundamental mathematical rigor, real-world application, and educational programs for new concepts and insights of this field. His work quantitatively analyzes the origins and impacts of market crashes, social unrest, ethnic violence, military conflict and pandemics, and the structure and dynamics of social networks.