EconPapers    
Economics at your fingertips  
 

The Complexity Era in Economics

David Colander (), Richard P.F. Holt and Barkley Rosser ()

Middlebury College Working Paper Series from Middlebury College, Department of Economics

Abstract: This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era. The complexity era has not arrived through a revolution. Instead, it has evolved out of the many strains of neoclassical work, along with work done by less orthodox mainstream and heterodox economists. It is only in its beginning stages. The article discusses the work that is forming the foundation of the complexity era, and how that work will likely change the way in which we understand economic phenomena and the economics profession.

New Economics Papers: this item is included in nep-cba, nep-cbe, nep-evo, nep-hpe, nep-neu, nep-pke and nep-sog
Date: 2010-01
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
http://www.middlebury.edu/services/econ/repec/mdl/ancoec/1001.pdf (application/pdf)

Related works:
Journal Article: The Complexity Era in Economics (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:mdl:mdlpap:1001

Access Statistics for this paper

More papers in Middlebury College Working Paper Series from Middlebury College, Department of Economics
Series data maintained by Vijaya Wunnava ().

 
Page updated 2014-08-23
Handle: RePEc:mdl:mdlpap:1001