INET Complexity Economics
@inet-complexity.bsky.social
Complexity Economics research group, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
Reposted by INET Complexity Economics
Great piece from Tom Friedman @nytimes.com on how to think about this crazy era we're in - and what to even call it! (And a few quotes from yours truly towards the end.) www.nytimes.com/2025/11/10/o...
Opinion | The Post-Cold War Era Is Over. What Should We Call This New One?
www.nytimes.com
November 10, 2025 at 2:56 PM
Great piece from Tom Friedman @nytimes.com on how to think about this crazy era we're in - and what to even call it! (And a few quotes from yours truly towards the end.) www.nytimes.com/2025/11/10/o...
We too are very excited about Karolina Bassa's new paper with Rama Cont on Dynamics of sovereign debt: credit risk and sustainability analysis
www.inet.ox.ac.uk/publications...
www.inet.ox.ac.uk/publications...
November 7, 2025 at 10:20 AM
We too are very excited about Karolina Bassa's new paper with Rama Cont on Dynamics of sovereign debt: credit risk and sustainability analysis
www.inet.ox.ac.uk/publications...
www.inet.ox.ac.uk/publications...
In our next #ComplexityEconomics seminar on 12 Nov, Rafael Prieto-Curiel @csh.ac.at will explore the challenges of making cities work for everyone while facing dual challenges of managing both expansion and contraction at a time of rapid future population expansion
www.inet.ox.ac.uk/events/citie...
www.inet.ox.ac.uk/events/citie...
Cities for everyone
In this talk, Rafael Prieto-Curiel will explore the challenges of making cities work for everyone. Previously, Rafael worked on urban dynamics as part of…
www.inet.ox.ac.uk
November 6, 2025 at 3:10 PM
In our next #ComplexityEconomics seminar on 12 Nov, Rafael Prieto-Curiel @csh.ac.at will explore the challenges of making cities work for everyone while facing dual challenges of managing both expansion and contraction at a time of rapid future population expansion
www.inet.ox.ac.uk/events/citie...
www.inet.ox.ac.uk/events/citie...
Reposted by INET Complexity Economics
🔍 Introducing our new, more powerful search!
→ ourworldindata.org/search
With such a rich publication—nearly 14,000 charts and 100s of articles on 120+ topics—it can be hard to find what matters to you.
Now, finding what you’re looking for, or discovering something new, has never been easier.
→ ourworldindata.org/search
With such a rich publication—nearly 14,000 charts and 100s of articles on 120+ topics—it can be hard to find what matters to you.
Now, finding what you’re looking for, or discovering something new, has never been easier.
November 6, 2025 at 10:10 AM
🔍 Introducing our new, more powerful search!
→ ourworldindata.org/search
With such a rich publication—nearly 14,000 charts and 100s of articles on 120+ topics—it can be hard to find what matters to you.
Now, finding what you’re looking for, or discovering something new, has never been easier.
→ ourworldindata.org/search
With such a rich publication—nearly 14,000 charts and 100s of articles on 120+ topics—it can be hard to find what matters to you.
Now, finding what you’re looking for, or discovering something new, has never been easier.
Come join the team! @francoislafond.bsky.social @doynefarmer.bsky.social and @maxroser.bsky.social need a postdoctoral researcher to join their programme on forecasting technical change
www.inet.ox.ac.uk/vacancies
www.inet.ox.ac.uk/vacancies
Vacancies
Jobs and Vacancies at INET Oxford, The Institute for New Economic Thinking at the Oxford Martin School, University of Oxford
www.inet.ox.ac.uk
November 3, 2025 at 3:55 PM
Come join the team! @francoislafond.bsky.social @doynefarmer.bsky.social and @maxroser.bsky.social need a postdoctoral researcher to join their programme on forecasting technical change
www.inet.ox.ac.uk/vacancies
www.inet.ox.ac.uk/vacancies
Reposted by INET Complexity Economics
How to improve LLM responses in domains we can’t score? Implicit signals from structured dialogue help LLM agents edit their own contexts, improving responses dramatically.
“Self-evolving expertise in complex non-verifiable subject domains: dialogue as implicit meta-RL”.
arxiv.org/pdf/2510.15772
“Self-evolving expertise in complex non-verifiable subject domains: dialogue as implicit meta-RL”.
arxiv.org/pdf/2510.15772
arxiv.org
October 20, 2025 at 11:16 AM
How to improve LLM responses in domains we can’t score? Implicit signals from structured dialogue help LLM agents edit their own contexts, improving responses dramatically.
“Self-evolving expertise in complex non-verifiable subject domains: dialogue as implicit meta-RL”.
arxiv.org/pdf/2510.15772
“Self-evolving expertise in complex non-verifiable subject domains: dialogue as implicit meta-RL”.
arxiv.org/pdf/2510.15772
Reposted by INET Complexity Economics
Come work with us! We’re hiring a Postdoctoral Research Fellow in Food System Transformations at the University of Oxford.
This role is part of an ambitious, interdisciplinary project exploring rapid food system transformations. More details here: my.corehr.com/pls/uoxrecru...
This role is part of an ambitious, interdisciplinary project exploring rapid food system transformations. More details here: my.corehr.com/pls/uoxrecru...
Job Details
my.corehr.com
October 8, 2025 at 3:15 PM
Come work with us! We’re hiring a Postdoctoral Research Fellow in Food System Transformations at the University of Oxford.
This role is part of an ambitious, interdisciplinary project exploring rapid food system transformations. More details here: my.corehr.com/pls/uoxrecru...
This role is part of an ambitious, interdisciplinary project exploring rapid food system transformations. More details here: my.corehr.com/pls/uoxrecru...
Our #Complexity Economics Seminar series is back! We start next Wednesday 22 October with a talk from Cambridge University's @martagrzeskiewicz.bsky.social presenting an algorithm for uncovering a utility function based on observational consumption data.
www.inet.ox.ac.uk/events/uncov...
www.inet.ox.ac.uk/events/uncov...
Uncovering utility functions from observational data
The algorithm, Preference Extraction and Reward Learning (PEARL) is able to uncover a representation of the utility function that best rationalises…
www.inet.ox.ac.uk
October 15, 2025 at 4:42 PM
Our #Complexity Economics Seminar series is back! We start next Wednesday 22 October with a talk from Cambridge University's @martagrzeskiewicz.bsky.social presenting an algorithm for uncovering a utility function based on observational consumption data.
www.inet.ox.ac.uk/events/uncov...
www.inet.ox.ac.uk/events/uncov...
If you didn't manage to catch Karolina Bassa's seminar "A Quantitative Model of Sovereign Credit Risk and Debt Sustainability", this is now available online at www.youtube.com/watch?v=0n8H...
October 14, 2025 at 4:35 PM
If you didn't manage to catch Karolina Bassa's seminar "A Quantitative Model of Sovereign Credit Risk and Debt Sustainability", this is now available online at www.youtube.com/watch?v=0n8H...
Reposted by INET Complexity Economics
I have a new paper out in @oxrepjournal.bsky.social explaining Agent-based models #ABMs and their advantages and disadvantages in comparison to standard models.
doi.org/10.1093/oxre...
doi.org/10.1093/oxre...
Quantitative agent-based models: a promising alternative for macroeconomics
Abstract. Agent-based models (ABMs) are dynamic computer simulations that abandon utility maximization and instead assume that agents are boundedly rationa
doi.org
October 13, 2025 at 4:17 PM
I have a new paper out in @oxrepjournal.bsky.social explaining Agent-based models #ABMs and their advantages and disadvantages in comparison to standard models.
doi.org/10.1093/oxre...
doi.org/10.1093/oxre...
Reposted by INET Complexity Economics
🚨 Fresh from ArXiv:
“Comparing Data Assimilation and Likelihood-Based Inference on Latent State Estimation in Agent-Based Models”
with @marcopangallo.bsky.social, @c0rrad0.bsky.social, & @gdfm.bsky.social
👉 arxiv.org/abs/2509.17625
“Comparing Data Assimilation and Likelihood-Based Inference on Latent State Estimation in Agent-Based Models”
with @marcopangallo.bsky.social, @c0rrad0.bsky.social, & @gdfm.bsky.social
👉 arxiv.org/abs/2509.17625
October 6, 2025 at 7:53 AM
🚨 Fresh from ArXiv:
“Comparing Data Assimilation and Likelihood-Based Inference on Latent State Estimation in Agent-Based Models”
with @marcopangallo.bsky.social, @c0rrad0.bsky.social, & @gdfm.bsky.social
👉 arxiv.org/abs/2509.17625
“Comparing Data Assimilation and Likelihood-Based Inference on Latent State Estimation in Agent-Based Models”
with @marcopangallo.bsky.social, @c0rrad0.bsky.social, & @gdfm.bsky.social
👉 arxiv.org/abs/2509.17625
Coming up on 1 October @wifo.bsky.social: Karolina Bassa will present on the impact of fiscal and public investment policies on the sovereign's borrowing cost and credit risk in the presence of stochastic output shocks and credit-sensitive funding from investors👇
www.wifo.ac.at/en/event/433...
www.wifo.ac.at/en/event/433...
A Quantitative Model of Sovereign Credit Risk and Debt Sustainability
www.wifo.ac.at
September 29, 2025 at 11:44 AM
Coming up on 1 October @wifo.bsky.social: Karolina Bassa will present on the impact of fiscal and public investment policies on the sovereign's borrowing cost and credit risk in the presence of stochastic output shocks and credit-sensitive funding from investors👇
www.wifo.ac.at/en/event/433...
www.wifo.ac.at/en/event/433...
@doynefarmer.bsky.social spoke to Gregory McNiff at the New Books Network about his research and Making Sense of Chaos.
You can listen at newbooksnetwork.com/making-sense...
#Complexity #ComplexityEconomics
You can listen at newbooksnetwork.com/making-sense...
#Complexity #ComplexityEconomics
J. Doyne Farmer, "Making Sense of Chaos" (Yale UP, 2024) - New Books Network
newbooksnetwork.com
September 25, 2025 at 11:05 AM
@doynefarmer.bsky.social spoke to Gregory McNiff at the New Books Network about his research and Making Sense of Chaos.
You can listen at newbooksnetwork.com/making-sense...
#Complexity #ComplexityEconomics
You can listen at newbooksnetwork.com/making-sense...
#Complexity #ComplexityEconomics
Interested in climate change and the UK #CarbonBudget? Watch this space! @doynefarmer.bsky.social is heading up our latest project to fill evidence gaps ahead of the UK Government setting its Seventh Carbon Budget next year
www.inet.ox.ac.uk/news/sprint-...
www.inet.ox.ac.uk/news/sprint-...
Sprint to Seventh Carbon Budget Commences
A project to fill macroeconomic and distributional analysis evidence gaps has started at INET Oxford this summer.
www.inet.ox.ac.uk
August 29, 2025 at 9:55 AM
Interested in climate change and the UK #CarbonBudget? Watch this space! @doynefarmer.bsky.social is heading up our latest project to fill evidence gaps ahead of the UK Government setting its Seventh Carbon Budget next year
www.inet.ox.ac.uk/news/sprint-...
www.inet.ox.ac.uk/news/sprint-...
Sometimes you have to take a break from thinking about Economic ABMs to free a hummingbird. Our researchers Jordan and Christian staged a daring rescue mission at @sfiscience.bsky.social
August 26, 2025 at 10:45 AM
Sometimes you have to take a break from thinking about Economic ABMs to free a hummingbird. Our researchers Jordan and Christian staged a daring rescue mission at @sfiscience.bsky.social
@sfiscience.bsky.social is obviously where all the cool kids go over the summer...
#Complexity #ComplexityEconomis #ABM
#Complexity #ComplexityEconomis #ABM
We're in the third of four weeks of our Economic Agent-Based Models: Crossing Over the Tipping Point workshops at @sfiscience.bsky.social. Thanks @j0mrn.bsky.social and Christian Diem for helping to organize. We've had so many great speakers already!
August 19, 2025 at 4:00 PM
@sfiscience.bsky.social is obviously where all the cool kids go over the summer...
#Complexity #ComplexityEconomis #ABM
#Complexity #ComplexityEconomis #ABM
I will be giving the New Zealand Treasury Fiscal Policy for the Future seminar - you can find more information at www.eventbrite.co.nz/e/tgls-fisca...
TGLS: Fiscal Policy for the Future seminar - Professor Doyne Farmer
Making Sense of Chaos: A Better Economics for a Better World
www.eventbrite.co.nz
August 13, 2025 at 3:50 PM
New in @oxrepjournal.bsky.social: Economic models and frameworks to guide climate policy. Which key economic questions about the net-zero transition are of interest to finance ministries and which economic methods can deliver.
academic.oup.com/oxrep/advanc...
academic.oup.com/oxrep/advanc...
Economic models and frameworks to guide climate policy
Abstract. Reaching net-zero emissions will involve a structural transformation of the global economy. The transition is complicated by deep uncertainty abo
academic.oup.com
July 31, 2025 at 3:19 PM
New in @oxrepjournal.bsky.social: Economic models and frameworks to guide climate policy. Which key economic questions about the net-zero transition are of interest to finance ministries and which economic methods can deliver.
academic.oup.com/oxrep/advanc...
academic.oup.com/oxrep/advanc...
Sustainable decision-making requires better foresight.
Participate in the AI for Trade Challenge and build models that anticipate international trade flows.
📅 Deadline: Oct 31, 2025
🏆 $6K in prizes
More: centerforcollectivelearning.org/aifortrade
Participate in the AI for Trade Challenge and build models that anticipate international trade flows.
📅 Deadline: Oct 31, 2025
🏆 $6K in prizes
More: centerforcollectivelearning.org/aifortrade
AI For Trade — Center for Collective Learning
centerforcollectivelearning.org
July 23, 2025 at 3:47 PM
Sustainable decision-making requires better foresight.
Participate in the AI for Trade Challenge and build models that anticipate international trade flows.
📅 Deadline: Oct 31, 2025
🏆 $6K in prizes
More: centerforcollectivelearning.org/aifortrade
Participate in the AI for Trade Challenge and build models that anticipate international trade flows.
📅 Deadline: Oct 31, 2025
🏆 $6K in prizes
More: centerforcollectivelearning.org/aifortrade
Reposted by INET Complexity Economics
Lessons from chaos theory on Trump tariff bottlenecks - feat. @doynefarmer.bsky.social @inet-complexity.bsky.social
"Farmer looks at economies as complex networks, drawing on the ideas of chaos theory to model interactions between the players."
#EconSky @risk.net
www.risk.net/our-take/796...
"Farmer looks at economies as complex networks, drawing on the ideas of chaos theory to model interactions between the players."
#EconSky @risk.net
www.risk.net/our-take/796...
Lessons from chaos theory on Trump tariff bottlenecks - Risk.net
Forecasting the ripple effects of trade policies presents a special challenge
www.risk.net
July 8, 2025 at 12:59 PM
Lessons from chaos theory on Trump tariff bottlenecks - feat. @doynefarmer.bsky.social @inet-complexity.bsky.social
"Farmer looks at economies as complex networks, drawing on the ideas of chaos theory to model interactions between the players."
#EconSky @risk.net
www.risk.net/our-take/796...
"Farmer looks at economies as complex networks, drawing on the ideas of chaos theory to model interactions between the players."
#EconSky @risk.net
www.risk.net/our-take/796...
Reposted by INET Complexity Economics
Incredible work from Cephas Svose, who makes a great contribution @inet-complexity.bsky.social @oxfordmathematics.bsky.social
His current research focuses on the interaction between different trading strategies of traders on the stock market using Agent-Based-Modelling to understand complex systems
His current research focuses on the interaction between different trading strategies of traders on the stock market using Agent-Based-Modelling to understand complex systems
Meet #RhodesScholar Cephas Svosve, founder of EcoWealth—accelerating green energy adoption in Zimbabwe through solar accessibility ☀️
EcoWealth's work in democratising energy access and promoting green solutions earned them an Audience Choice Award from our partners, The Mandela Rhodes Foundation.
EcoWealth's work in democratising energy access and promoting green solutions earned them an Audience Choice Award from our partners, The Mandela Rhodes Foundation.
July 2, 2025 at 9:15 AM
Incredible work from Cephas Svose, who makes a great contribution @inet-complexity.bsky.social @oxfordmathematics.bsky.social
His current research focuses on the interaction between different trading strategies of traders on the stock market using Agent-Based-Modelling to understand complex systems
His current research focuses on the interaction between different trading strategies of traders on the stock market using Agent-Based-Modelling to understand complex systems
We need a part time Research Assistant to work on macroeconomic and distributional impacts of the UK’s Seventh Carbon Budget. Apply by 21 July.
Another job opportunity. I'm looking for a part time research assistant to help us explore the macroeconomic and distributional impacts of the UK’s Seventh Carbon Budget.
my.corehr.com/pls/uoxrecru...
my.corehr.com/pls/uoxrecru...
Job Details
my.corehr.com
June 26, 2025 at 10:52 AM
We need a part time Research Assistant to work on macroeconomic and distributional impacts of the UK’s Seventh Carbon Budget. Apply by 21 July.
Kindle Daily Deal alert! If you haven't yet read @doynefarmer.bsky.social's fantastic Making Sense of Chaos, you can get it today for the bargain price of £1.99.
#Complexity #ComplexityEconomics #EconSky
tinyurl.com/3auck867
#Complexity #ComplexityEconomics #EconSky
tinyurl.com/3auck867
Making Sense of Chaos: A Better Economics for a Better World
Making Sense of Chaos: A Better Economics for a Better World eBook : Farmer, J. Doyne: Amazon.co.uk: Kindle Store
www.amazon.co.uk
June 26, 2025 at 8:47 AM
Kindle Daily Deal alert! If you haven't yet read @doynefarmer.bsky.social's fantastic Making Sense of Chaos, you can get it today for the bargain price of £1.99.
#Complexity #ComplexityEconomics #EconSky
tinyurl.com/3auck867
#Complexity #ComplexityEconomics #EconSky
tinyurl.com/3auck867
Reposted by INET Complexity Economics
We're hiring! Michael Wooldridge, Ani Calinescu and I are looking for a Senior Research Associate in Robust, Large-Scale Agent-Based Modelling. Applications by 7 July. www.cs.ox.ac.uk/news/2454-fu...
#ABM
#ABM
Senior Research Associate in Robust, Large-Scale Agent-Based Modelling
180364
www.cs.ox.ac.uk
June 24, 2025 at 9:37 AM
We're hiring! Michael Wooldridge, Ani Calinescu and I are looking for a Senior Research Associate in Robust, Large-Scale Agent-Based Modelling. Applications by 7 July. www.cs.ox.ac.uk/news/2454-fu...
#ABM
#ABM
Reposted by INET Complexity Economics
"If you make analogy to a living system, the economy is the part of society that... combines natural resources with human labor to make goods & services that we need... or at least want. Whereas if you look at, what is a metabolism?"
- @doynefarmer.bsky.social on economies as metabolisms
- @doynefarmer.bsky.social on economies as metabolisms
June 20, 2025 at 5:25 PM
"If you make analogy to a living system, the economy is the part of society that... combines natural resources with human labor to make goods & services that we need... or at least want. Whereas if you look at, what is a metabolism?"
- @doynefarmer.bsky.social on economies as metabolisms
- @doynefarmer.bsky.social on economies as metabolisms