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#14 – Eric Beinhocker: “New Economics” Is Coming For You

Scaling Theory

CHAPTER

Navigating Complexity in Policymaking

This chapter examines the role of reflexive and adaptive systems in policymaking, urging policymakers to differentiate between social and physical systems to craft effective interventions. It highlights the need for an adaptive approach to navigate the complexities of the digital economy and prevent systemic failures in political structures.

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