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Reconsidering Communication Regarding Economic Phenomena. Some Hints from a Complexity Approach

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  • Piercarlo Frigero

    (Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino, Italy)

Abstract

This paper, inspired by the notion of complexity and the use of network analysis, is presented as a short survey on communication in economics when it is addressed to people who approach the subject neither for study nor for professional purposes. Their perception of the economic system has also been shaped by events interpreted by opinion and political leaders. Its main contribution is an attempt to avoid current misunderstandings arising from a mechanical notion of the economic system and a consequent excess of confidence in what political economy can do in pursuing welfare. To do this, after a brief review of useful perceptions of phenomena both at system level and at firm level, we will propose some hints arising from complexity and network theory for an alternative viewpoint on political prescriptions and for a better appreciation of the entrepreneurial function. At the end, we will conclude with some teaching suggestions along with final remarks about understanding economics.

Suggested Citation

  • Piercarlo Frigero, 2017. "Reconsidering Communication Regarding Economic Phenomena. Some Hints from a Complexity Approach," Working papers 040, Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    • Handle: RePEc:tur:wpapnw:040
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    References listed on IDEAS

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    More about this item

    Keywords

    Complexity Economics; Economic Education and Teaching of Economics; Political Economy; Theory of the Firm.;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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