My latest book Positive Linking: How Networks and Incentives Can Revolutionise the World, published by Faber and Faber is now available in paperback. Read the Financial Times review here, Bryan Appleyard’s Sunday Times review here and the Guardian review here. Order your copy here.
It is based on my Royal Society of Arts pamphlet ‘N squared: public policy and the power of networks’, available here. A podcast of my talk on this at the RSA in November 2010 is here. There is a Financial Times op-ed piece here.
I have been doing a lot of work over the past year on the role of emotion in the economy. This is the key theme of the Centre for the Study of Decision Making Uncertainty at University College London, where I am a Visiting Professor. Here is a paper I presented at a conference in Washington DC in December 2014 organised by the Federal Reserve Bank of Cleveland and the Office for Financial Research. It is joint work with the Bank of England. Subsequently, I wrote this paper which looks at the role of emotion in predicting financial stress indices developed by the Federal Reserve banks in the US.
Here is a paper presented at the Institute for New Economic Thinking Conference in Paris in April, which describes some more general results I have obtained on the role of emotion in determining GDP growth in the short-term. And here is a paper I gave the Kiel Economics Institute which looks both empirically and theoretically at the role of emotion in the business cycle.
For the past five years I have enjoyed being a member of the Tipping Points project at the University of Durham. An ambitious multi-disciplinary project funded by Leverhulme. Here is the project website, and here is a paper I gave this year on a long standing interest of mine, the role of evolution in economic theory (and practice!).
I wrote a short critical appraisal of the fashionable concept of behavioural economics for the Institute of Economic Affairs’ journal Economic Affairs. The Bertelsmann Institute in Germany published a piece on complexity and economic policy.
Dirk Helbing of ETH in Zurich is a very interesting thinker on complexity in general, and there is a whole issue of the Review of Behavioral Economics devoted to a general theory of sociological behaviour. Here is a critique which I wrote for the journal.