Date: 25.02.2025
Time: 17:00
Place: Porthania PI, University of Helsinki, Yliopistonkatu 3, Helsinki

ARGUMENTA DISTINGUISHED LECTURE

Making Sense of Chaos: A Better Economics for a Better World
J. Doyne Farmer

The ReSES project is happy to announce an upcoming public lecture titled “Making Sense of Chaos: A Better Economics for a Better World” to be delivered by Doyne Farmer, exclusively in person in Helsinki. This event is part of the Argumenta Distinguished Lectures series organized by ReSES at the Faculty of Social Sciences at the University of Helsinki.

Professor J. Doyne Farmer is Director of the Complexity Economics programme at the Institute for New Economic Thinking at the Oxford Martin School and Baillie Gifford Professor of Complex Systems Science at the Smith School for Enterprise and the Environment, University of Oxford. He is also External Professor at the Santa Fe Institute and Chief Scientist at Macrocosm.

His current research is in economics, including agent-based modeling, financial instability and technological progress. He was a founder of Prediction Company, a quantitative automated trading firm that was sold to UBS in 2006. His past research includes complex systems, dynamical systems theory, time series analysis and theoretical biology.

Professor Farmer’s talk will be based on his new book, Making Sense of Chaos (also published in Finnish as Järkeä Kaaokseen by Terra Cognita) in which he presents a manifesto for doing economics better in our increasingly complex world. Making Sense of Chaos is about “how to do economics differently to take proper advantage of big data and computer power, to create economic models that make better predictions and to give better policy advice about the hard problems facing the world.”

The ReSES project aims to rethink how economics can better serve society. The project’s Argumenta Distinguished Lectures series provides a platform for leading experts to present ideas that challenge conventional economic thought and promote societal well-being. Professor Framer’s lecture, “Making Sense of Chaos: A Better Economics for a Better World” is a significant addition to this series.

The lecture is free and open to the public, reflecting the ReSES project’s dedication to making scholarly discussions accessible to a broad audience.

The ReSES Project received funding from the Finnish Cultural Foundation in 2023 & 2024.

About the Host

N. Emrah Aydinonat will be your host for this event! He is a philosopher of economics at the University of Helsinki and the leader of the ReSES Project.