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MRP: AED 66.00
AED 50.00
24% Off
(Incl. of all taxes)
Number of Pages
384
Age Group
All
Language
English
Piracy Free
Secure Transactions
Express Delivery
EcoāConscious Packaging
Book Summary
āDoyne Farmer is the worlds leading thinker on technological change. For decades he has focused on the question of how we can make sense of the data of today to see where the world is going tomorrow. This wonderful book applies these insights to economics, addressing the big global issues of environmental sustainability, and the well-being and prosperity of people around the worldā Max Roser, Founder of Our World in DataWe live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise ā and more peril ā 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.Many books have been written about Doyne Farmer and his pioneering work in chaos and complexity theory. Making Sense of Chaos is the first in his own words, presenting a manifesto for doing economics better. In a tale of science and ideas, Farmer fuses his profound knowledge with stories from his life to explain how to harness a scientific revolution to address the economic conundrums facing society.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 ā and, ultimately, create a better world.
Product Details
Author
J. Doyne Farmer
Publisher
Penguin Random House
Number of Pages
384
Language
English
ISBN
9780141981208
Reading Age
All
Dimensions
12.8 x 2.3 x 19.7 cm
MRP: AED 66.00
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