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Complexity and the Art of Public PolicySolving Society's Problems from the Bottom Up$
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David Colander and Roland Kupers

Print publication date: 2016

Print ISBN-13: 9780691169132

Published to Princeton Scholarship Online: January 2018

DOI: 10.23943/princeton/9780691169132.001.0001

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Nudging toward a Complexity Policy Frame

Nudging toward a Complexity Policy Frame

Chapter:
(p.156) Chapter 9 Nudging toward a Complexity Policy Frame
Source:
Complexity and the Art of Public Policy
Author(s):

David Colander

Roland Kupers

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691169132.003.0009

This chapter examines the interface of complexity with the policy sphere of economics. Economic policy thinking is slowly changing, just as theoretical and statistical thinking in economics is changing. The chapter discusses developments in economic policy thinking that are incorporating complexity ideas. It argues that accepting complexity means that the standard policy model of economists is just one of many models out there, and the acceptance of the complexity frame will lead to the development of many more competing models. However, despite complexity’s advances into microeconomic policy, complexity ideas have made little headway in macroeconomics, where they should be making the largest impact.

Keywords:   complexity, economics, economic policy, Brian Arthur, microeconomics, macroeconomics

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