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The wickedest problem in fixing the economy

The wickedest problem in fixing the economy

The latest book by Doyne Farmer, 'Making sense of Chaos: a better economics for a better world" is an absolute gem. Farmer is one of the founding fathers of so-called Complexity Economics. In this book, he describes how this school of thought fundamentally differs from mainstream economics. I

Why economic complexity is the root cause of the polycrisis

Why economic complexity is the root cause of the polycrisis

There is consensus on the narrative that we have a systemic crisis, that our current 'economic system' is in overshoot. In targeting this crisis, the most intuitive way is to address the behavior of agents/actors/individuals in this system, with legal and regulatory measures, such as curbing

Economic Growth Map

What does the bullshit economy tell us?

Today we are experiencing more of a bullshit economy than a real economy. The advent of the IT-era has resulted in a lot of jobs being replaced, but also in a lot of new types of jobs being created. The pre-information-industrial economy provided value in tangible assets and associated services:

The Systemic Point of View

The Systemic Point of View

This is "The Map Room", a brand new publication, initiated by EntropoMetrics' Martijn Veening, that's just getting started, promoting a technical/non-technical Systemic Point of View of the current global polycrisis. Things will be up and running here shortly, but you can subscribe in the

Life, death and doughnuts

Any entity or system that we call 'living' will eventually die. This holds at any scale, from cellular level to ecosystems, and even our socio-economic, financial and technological domains. To understand why, it is best to look at a such a system as an infrastructure for a specific

Degrowth, and the widening gap between natural- and social science economics

Economic Growth Map

Degrowth, and the widening gap between natural- and social science economics

By not embracing natural-science economics, the degrowth-paradigm is destined to fail

On systemic health indicators (part 2)

On systemic health indicators (part 2)

In part 1 of this series we saw how the ‘state of a system’ can be seen as a ‘marble’ at a certain position in a ‘stability landscape’.

On systemic health indicators (part 1)

On systemic health indicators (part 1)

In a world that becomes more complicated for people, it is more difficult to judge whether things are going ‘well’ or not. Economists and…

What is growth?

What is growth?

In nature, not a single organism keeps growing indefinitely. And not a single individual significantly outgrows its peers. There is a…

One of the biggest misunderstandings in science

One of the biggest misunderstandings in science

Most people share an intuitive understanding of the concepts of order and disorder. The concept of ‘entropy’ is often simply explained as…

The bittersweet cryptocurrency revolution

The bittersweet cryptocurrency revolution

The irony of being hijacked by what you are trying to replace

Standing waters — the crisis of congested entropy in our global economy

Standing waters — the crisis of congested entropy in our global economy

Part 1 of 3: How the IT-revolution expanded informational liquidity, and drowned it as well.

The era of digital pollution

The era of digital pollution

We have now witnessed the most staggering of ICO’s (Initial Coin Offering, IPO’s for cryptocurrencies), the Tezos one, valued at around USD…