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PERIMETER INSTITUTE RECORDED SEMINAR ARCHIVE

PIRSA:C09006 - The Economic Crisis and It's Implications for The Science of Economics - 2009PODCAST Subscribe to podcast

The Perimeter Institute conference on economics is being organized in an effort to better evaluate the state of economics as a predictive and descriptive science in light of the current market crisis. We believe that this requires careful, dispassionate discussion, in an atmosphere governed by the modesty and open mindedness that characterizes the scientific community. To do this we aim to bring leading economists and theorists of finance together with physicists, mathematicians, biologists and computer scientists to evaluate current theories of markets, and identify key issues that can motivate new directions for research. The conference will begin on May 1, 2009, with a day of invited talks by leading experts to a public audience of around 200 on the status of economic and financial theory in light of the crisis. We will then continue for three days of focused discussion and workshops with an invited group of around 30, aimed at defining research agendas that address that question and beginning work on them.

Organizer(s):   Richard Freeman   Bill Janeway   Stuart Kauffman   Zoe-Vonna Palmrose   Lee Smolin   Samuel Vazquez   Eric Weinstein   Philip Goyal  

Collection URL: http://pirsa.org/C09006


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A Science Less Dismal: Welcome to the Economic Manhattan Project
Speaker(s): Eric Weinstein
Abstract: An unexpected economic crisis provides an excellent opportunity to better understand the state of Economic theory as a science. While there appears to have been a broad systemic failure within the community of professional economists to predict the current collapse, it must be noted that there have ... read more
Date: 01/05/2009 - 9:15 am

Interpreting the Failure to Predict Financial Crises and Recession
Speaker(s): Nouriel Roubini
Abstract: TBA
Date: 01/05/2009 - 10:05 am



Scientists, Scienster, Anti-Scientists & Economists
Speaker(s): Emanuel Derman
Abstract: The syntax of economic theory closely resembles the syntax of physics. But physics deals with what seems to be the objective world. In contrast, the essence of economics is subjectivity and moral choice. What can you reasonably expect from treating economics as a branch of science? This talk compare... read more
Date: 01/05/2009 - 2:30 pm

The Adaptive Markets Hypothesis and Financial Crisis
Speaker(s): Andrew Lo
Abstract: TBA
Date: 01/05/2009 - 3:20 pm

Human Evolution and Economics
Speaker(s): Richard Alexander
Abstract: TBA
Date: 01/05/2009 - 4:30 pm


Physicists attempt to scale the ivory towers of finance (ten years later, looking forward)
Speaker(s): J Doyne Farmer
Abstract: N/A
Date: 02/05/2009 - 9:15 am

Agent - Based Computationational Modeling and Macroeconomics
Speaker(s): Leigh Tesfatsion
Abstract: TBA
Date: 02/05/2009 - 1:00 pm

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