Complexity Theory and Agile Policy-Making

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Complexity thinking has provided new insights into economic problems. Nevertheless, in many respects it has also reminded us of older approaches to economic analysis, long side-lined by economic orthodoxy but now rediscovered. This chapter starts with some of the central tenets of orthodox economic analysis; it considers how these are put in question by complexity thinking; and it provides three examples of the ‘agile policy-making’ that this new perspective provides. It points to some of the profound institutional changes needed to produce an efficient economic policy, in a world of limited predictability and control.
LanguageEnglish
Title of host publication“To the Man with a Hammer…”:
Subtitle of host publicationAugmenting the Policymaker’s Toolbox for a Complex World
EditorsBertelsmann Stiftung
Place of PublicationGütersloh, Germany
PublisherBertelsmann Stiftung
Pages107-120
Number of pages14
ISBN (Print)9783867936798
StatusPublished - 15 Feb 2016

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Policy making
Economics
Complexity theory
Economic analysis
Predictability
Orthodoxy
Institutional change
Economic policy

Cite this

Room, G. (2016). Complexity Theory and Agile Policy-Making. In B. Stiftung (Ed.), “To the Man with a Hammer…”: : Augmenting the Policymaker’s Toolbox for a Complex World (pp. 107-120). Gütersloh, Germany : Bertelsmann Stiftung.

Complexity Theory and Agile Policy-Making. / Room, Graham.

“To the Man with a Hammer…”: : Augmenting the Policymaker’s Toolbox for a Complex World. ed. / Bertelsmann Stiftung. Gütersloh, Germany : Bertelsmann Stiftung, 2016. p. 107-120.

Research output: Chapter in Book/Report/Conference proceedingChapter

Room, G 2016, Complexity Theory and Agile Policy-Making. in B Stiftung (ed.), “To the Man with a Hammer…”: : Augmenting the Policymaker’s Toolbox for a Complex World. Bertelsmann Stiftung, Gütersloh, Germany , pp. 107-120.
Room G. Complexity Theory and Agile Policy-Making. In Stiftung B, editor, “To the Man with a Hammer…”: : Augmenting the Policymaker’s Toolbox for a Complex World. Gütersloh, Germany : Bertelsmann Stiftung. 2016. p. 107-120.
Room, Graham. / Complexity Theory and Agile Policy-Making. “To the Man with a Hammer…”: : Augmenting the Policymaker’s Toolbox for a Complex World. editor / Bertelsmann Stiftung. Gütersloh, Germany : Bertelsmann Stiftung, 2016. pp. 107-120
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