A provocation, and a serious argument for why the equilibrium framework has run its course, and what should replace it. In 2008, as the financial system teetered, Queen Elizabeth II visited the London School of Economics and asked a simple...
Complex adaptive systems thinking applied to finance: what the framework offers, where it reaches its limits, and what a new book adds to the conversation. The application of complex adaptive systems theory to financial markets is no longer a fringe...
Traditional models keep failing practitioners. Here is why complexity theory offers something more honest, and more useful. Every practitioner who has survived a genuine market crisis has felt it: the uncomfortable gap between what the model said and what the...
The economy doesn’t run like clockwork. Understanding why changes everything about how we invest, plan, and respond to uncertainty. Picture a clock. Every gear meshes with the next in a precise sequence. Pull one lever and the mechanism responds in...
