[FRIAM] Fwd: Please join us on August 6th for "Making Sense of Chaos: A Better Economics for a Better World"

Wed Jul 24 18:00:13 EDT 2024

Doyne's public lecture

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From: Santa Fe Institute <subscriptions at santafe.edu>
Date: Wed, Jul 24, 2024, 11:59 AM
Subject: Please join us on August 6th for "Making Sense of Chaos: A Better
Economics for a Better World"
To: <stephen at redfish.com>

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<https://mailchi.mp/santafe/visionsforthefutureofphysics-1232885?e=9922384687>
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SFI Community Lecture Making Sense of Chaos: A Better Economics for a
Better World

Doyne Farmer,* Oxford, SFI*
John Geanakoplos,* Yale, SFI*

*Tuesday, August 6th, 2024*
<https://lensic.org/events/making-sense-of-chaos/>
*6:30 pm Book signing | 7:30 pm Lecture*

*The Lensic Performing Arts Center 211 W. San Francisco Street Santa Fe,
New Mexico*
** <https://lensic.org/events/making-sense-of-chaos/>*
<https://lensic.org/events/making-sense-of-chaos/>*
*Image: detail from "Caravan of Marco Polo traveling along the Silk Road."
Library of Congress, Washington, D.C. c. 14th century*
*We live in an age of increasing complexity,* where accelerating technology
and global interconnection hold more promise – and more peril – than any
other time in human history. Financial crises, as well as issues around
climate change, automation, growing inequality, and polarization are all
rooted in the economy, yet standard economic predictions fail us. 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,
which grew in part from research conducted at the Santa Fe Institute, will
allow us to test ideas and make significantly better economic predictions —
and, ultimately, create a better world.

This lecture is a tale of scientific discovery and adventure, an account of
how these ideas came about and the people who made them happen. Doyne
Farmer fuses his profound knowledge with stories from his life to explain
how we are in the early stages of a scientific revolution that could
address the economic conundrums facing society.

Following this ground-laying lecture, Farmer will be joined by economist
John Geanakoplos for further discussion on contemporary economic complexity.

Doyne Farmer will also be signing copies of his new book, *Making Sense of
Chaos: A Better Economics for a Better World* in the Lensic Lobby in
advance of this lecture, starting at *6:30 pm. *August 6th is the US
release date for this book, and so the Santa Fe community will be the first
to get their hands on an author-signed copy.

<https://www.santafe.edu/people/profile/j-doyne-farmer>*Doyne Farmer* is
Director of Complexity Economics at the Institute for New Economic Thinking
at the Oxford Martin School and is the Baillie Gifford Professor of Complex
Systems Science at the University of Oxford’s Smith School of Enterprise
and the Environment, as well as an External Professor at the Santa Fe
Institute. His current research is in economics, including financial
stability, sustainability, technological change, and economic simulation.
Doyne is Chief Scientist at Macrocosm, his new Oxford spin-out company,
which applies complexity economics to problems relating to climate change
and the green energy transition. He was a founder of Prediction Company, a
quantitative automated trading firm that was sold to the United Bank of
Switzerland in 2006. His past research spans complex systems, dynamical
systems, time series analysis, and theoretical biology. He founded the
Complex Systems Group at Los Alamos National Laboratory, and while a
graduate student in the 1970s he built the first wearable digital computer,
which was successfully used to predict the game of roulette.

<https://www.santafe.edu/people/profile/john-geanakoplos>*John Geanakoplos* is
the James Tobin Professor of Economics at Yale University, where he has
served as Chair of the Yale Faculty of Arts and Sciences Senate, Director
of the Cowles Foundation for Research in Economics, and Chair of Hellenic
Studies. He was Director of the Economics Program at the Santa Fe Institute
and later Chair of the SFI Science Steering Committee. He was Managing
Director of Fixed Income Research at Kidder Peabody and one of the founders
of Ellington Capital Management, where he remains a partner. He is a Fellow
of the American Academy of Arts and Sciences and the Econometric Society,
and a recipient of the Samuelson Prize and the Ross Prize. He was an
inventor of collateral general equilibrium and the Leverage Cycle, which
then became one of the leading explanations of the subsequent 2008 global
financial crisis. He has testified several times in Congress about mortgage
debt forgiveness. He won the 1970 United States Junior Open Chess
Championship.

Reserve your free tickets
<https://lensic.org/events/making-sense-of-chaos/>through
The Lensic Box Office online or call (505) 988.1234. Santa Fe residents are
encouraged to attend in person. This lecture will be streaming from Twitter
<https://twitter.com/sfiscience>, Facebook
<https://www.facebook.com/santafeinstitute/>, LinkedIn
<https://www.linkedin.com/company/santafeinstitute/mycompany/> and our YouTube
page. <https://www.youtube.com/user/santafeinst>

This lecture is presented at no cost to the public thanks to generous
sponsorship from the *McKinnon Family Foundation* with additional support
provided by The Lensic Performing Arts Center <https://lensic.org> and
the Santa
Fe Reporter. <https://sfreporter.com>

Click here <https://santafe.edu/engage/community> for more information
about SFI's Community Lecture Series.

<https://lensic.org/events/making-sense-of-chaos/>

 Questions or difficulties? Email us at supportsfi at santafe.edu.
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