In the 1980s and ’90s, SFI played laboratory to a promising new method known as agent-based modeling. In ensuing decades, agent-based models (ABMs) proliferated across many fields, including economics ...

Germany’s economic model is known for close relations between bosses and unions; the Mittelstand, the country’s world-leading manufacturing firms; and the political system’s federalism, which spreads ...

Reaching net-zero emissions will involve a structural transformation of the global economy. The transition is complicated by deep uncertainty about the new economic configurations that will emerge, ...

Are you interested in learning more about the US economy and the capitalist economic system? The circular flow model is a way to understand its ebbs and flows better, as it helps to visualize the ...

Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the coming financial crisis. Our economy today has been described variously as “weird,” “really weird” and “very, ...

Renowned economist Paul Krugman has voiced concerns about China’s economic approach, stating that the country’s leaders are “bizarrely unwilling” to shift focus from production to consumer demand.

Bolivia's natural gas exports have halved in the last decade Without gas revenue, government spending drained hard currency Dollar reserves plummeted to under $2 bln from $15 bln in 2014 Economic ...