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Policy and state in complexity economics

In: A Modern Guide to State Intervention

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  • Wolfram Elsner

Abstract

Elsner discusses the notions of ‘complexity economics’ and ‘complex adaptive systems’, addressing briefly structures, mechanisms, critical factors and dynamic properties. By focusing on an evolutionary-institutional perspective, the author considers implied requirements for the state, and introduces the idea of new meritorics, coinciding with long-standing pragmatist-instrumentalist policy conceptions and the qualifications the state itself would need to develop.

Suggested Citation

  • Wolfram Elsner, 2019. "Policy and state in complexity economics," Chapters, in: Nikolaos Karagiannis & John E. King (ed.), A Modern Guide to State Intervention, chapter 1, pages 13-48, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:19170_1
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