Policy and state in complexity economics

Wolfram Elsner

Chapter 1 in A Modern Guide to State Intervention, 2019, pp 13-48 from Edward Elgar Publishing

Abstract: Elsner discusses the notions of ‘complexity economics’ and ‘complex adaptive systems’, addressing briefly structures, mechanisms, critical factors and dynamic properties. By focusing on an evolutionary-institutional perspective, the author considers implied requirements for the state, and introduces the idea of new meritorics, coinciding with long-standing pragmatist-instrumentalist policy conceptions and the qualifications the state itself would need to develop.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
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Working Paper: Policy and State in Complexity Economics (2017)
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