Economics and the Economic Crisis

Roubinipi Over at Edge, video presentations of Eric Weinstein; Nouriel Roubini; Nassim Taleb, a panel discussion of Eric Weinstein, Nouriel Roubini, Richard Freeman, and Nassim Taleb; Emanuel Derman, Andrew Lo, Richard Alexander; a panel discussion of Emanuel Derman, Andrew Lo, Richard Alexander, Bill Janeway, Zoe-Vonna Palmrose; and Doyne Farmer. (Scroll towards the bottom.) John Brockman's introduction:

In December, Edge published “Can Science Help Solve the Economic Crisis?” by Mike Brown, Stuart Kauffman, Zoe-Vonna Palmrose, and Lee Smolin. The paper was prompted by a suggestion by Eric Weinstein for an “Economic Manhattan Project”.

This led to the Perimeter Institute conference: “The Economic Crisis and its Implications for The Science of Economics”. According to the organizers, “Concerns over the current financial situation are giving rise to a need to evaluate the very mathematics that underpins economics as a predictive and descriptive science. A growing desire to examine economics through the lens of diverse scientific methodologies — including physics and complex systems — is making way to a meeting of leading economists and theorists of finance together with physicists, mathematicians, biologists and computer scientists in an effort to evaluate current theories of markets and identify key issues that can motivate new directions for research.”