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Published in:
Introduction—Have We Opened Pandora’s Box? Read chapter Read first chapter

2015 | OriginalPaper | Chapter

3. How and Why Our Conventional Economic Thinking Causes Global Crises

Author : Dirk Helbing

Published in: Thinking Ahead - Essays on Big Data, Digital Revolution, and Participatory Market Society

Publisher: Springer International Publishing

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Abstract

This discussion paper challenges a number of established views of mainstream economic thinking that, from the perspective of complexity science, seem to require a thorough revision. As Albert Einstein pointed out: “We cannot solve our problems with the same kind of thinking that created them.” Therefore, the new perspective offered here might help to identify new solutions to a number of old economic problems.

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previous chapter Lost Robustness
next chapter “Networked Minds” Require a Fundamentally New Kind of Economics
Literature
1.
D. Helbing, A. Kirman, Rethinking economics using complexity theory. Real-World Econ. Rev. 64, 23–52 (2013)
2.
D. Helbing, S. Balietti, Fundamental and real-world challenges in economics. Sci. Cult. 76(9–10), 399–417 (2010)
3.
D. Helbing, Accelerating scientific discovery by formulating grand scientific challenges. EPJ Special Top. 214, 41–48 (2012)CrossRef
4.
T.C. Grund, C. Waloszek, D. Helbing, How natural selection can create both self-and other-regarding preferences, and networked minds. Sci. Reports 3, 1480 (2013)
5.
6.
7.
D. Helbing, Globally networked risks and how to respond. Nature 497, 51–59 (2013)
Metadata
Title
How and Why Our Conventional Economic Thinking Causes Global Crises
Author
Dirk Helbing
Copyright Year
2015
Publisher
Springer International Publishing
Book
Thinking Ahead - Essays on Big Data, Digital Revolution, and Participatory Market Society

Print ISBN: 978-3-319-15077-2

Electronic ISBN: 978-3-319-15078-9

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-15078-9_3

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