Who will rule the 21st Century?

This is a nice big question to ponder on the holiday beach or in the rented villa. A vast amount has already been written on the rise of China and whether the US will be replaced as the global superpower. And where exactly does Europe fit into all this? It is easy to make a […]

Hard problems in economics

This is a summary of a presentation I gave in Zurich earlier in June to FuturICT,one ofthe candidate flagship European Union research projects, each worth 1 billion Euros. 1.Financial markets is a very hard problem, issues of agent heterogeneity, networks, learning, financial innovation, regulation – all these and more are important. Mainstream economics has largely […]