J. Doyne Farmer in conversation with Jean-Philippe Bouchaud
Le 13 mai 2024 18:30
Amphithéâtre Pierre-Henri Teitgen, Centre Lourcine,
750013, Paris
France
Macrocosm
Description
MONDAY, MAY 13, 18:30-20:00
Making Sense of Chaos: A Better Economics for a Better World
J Doyne Farmer in conversation with Jean-Philippe Bouchaud
(discussion in English)
Event location: PLEASE NOTE THE EVENT'S LOCATION HAS CHANGED
Amphithéâtre Pierre Henri Teitgen, Université Paris 1 Centre Lourcine, 1 rue de la Glacière, Paris 13
What causes financial turbulence? Why do markets malfunction, and can we make them work better?
Is dealing with climate change going to be costly and slow? Or can we rapidly transition the economy to make energy cleaner and cheaper than it has ever been?
In Making Sense of Chaos one of our most influential scientists, J Doyne Famer, tackles these questions and more. Introducing the new field of complexity economics, he describes how rebellious economists and other scientists are revolutionising our ability to predict the economy, developing new approaches to global problems – like climate change, inequality, and the devastating impact of financial crises, which hit the poorest hardest.
In Making Sense of Chaos one of our most influential scientists, J Doyne Famer, tackles these questions and more. Introducing the new field of complexity economics, he describes how rebellious economists and other scientists are revolutionising our ability to predict the economy, developing new approaches to global problems – like climate change, inequality, and the devastating impact of financial crises, which hit the poorest hardest.
These issues are all rooted in the economy, yet mainstream economics has been limited in helping to solve our most pressing problems. Farmer suggests a better alternative, called complexity economics. Complex systems are characterized by emergent phenomena – creating a whole that is qualitatively different from the sum of its parts. Examples are the human brain, the weather system, and of course, the economy. We can now build real-world computer simulations of the economy that track its emergent behaviour in detail.
Jean-Philippe Bouchaud is a French physicist. He is co-founder and chairman of Capital Fund Management (CFM), adjunct professor at École Normale Supérieure and co-director of the CFM-Imperial Institute of Quantitative Finance at Imperial College London. He is a member of the French Academy of Sciences, and held the Bettencourt Innovation Chair at Collège de France in 2020.
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This event was organized by the organizers of the workshop "From Ecology to Economics and back" at the École Normale Supérieure. It is co-sponsored by the Université of Paris 1 Panthéon-Sorbonne, the École Normale Supérieure, the EconophysiX Chair of Econophysics & Complex Systems at Ecole polytechnique and the Alliance Program.
Localisation
Amphithéâtre Pierre-Henri Teitgen, Centre Lourcine, 1 rue de la Glacière, 750013, Paris France
Contact
Macrocosm
José Moran
Paris
France