• Presentation

Abigail Devereaux participates at Liberty Fund Conference

ISEG Research Fellow Dr. Abigail Devereaux attended the Liberty Fund Conference “Liberty in Relation to Law and Macroeconomics.” to discuss complexity economics. Complexity economics is an emerging field of economics that seeks to explain spontaneous social orders, truly temporal and nonlinear economic system dynamics, creativity and innovation, human action under fundamentally partial knowledge, and the limits to system control. This field encompasses the topics above. Complexity economics is a paradigm shift away from static, timeless, an unsocial economic theory. Devereaux is the founder of the only complexity economics group with a focus on bottom-up emergence and epistemic humility.

About the Liberty Fund

The Liberty Fund is a private educational foundation established to enrich the understanding and appreciation of the complex nature of a society of free and responsible individuals.

Liberty Fund publishes insightful books, conducts engaging conferences, and offers thought-provoking online resources. These programs focus on the intellectual heritage of individual liberty from ancient times through our own. Liberty Fund does not engage in political activity or advocacy, nor in policy making.

About the conference

One of the most fundamental insights in economics is the role that prices play in coordinating human action. For the Austrians, however, the emphasis is placed on the price system as a knowledge communication process. This conference invited humanities scholars with particular interest in issues of communication to consider economics and prices as a method of communication of disparate and often tacit knowledge.