Complexity Economics


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Let me declare that I am no expert but  those responsible for policy, legislation and regulation have no excuses.

“Classical” economic theory is based upon concepts such as rational decisions and stable equilibrium whereas, unless I am making a complete idiot of myself, REAL economic systems do not achieve “static equilibrium” and are inherently unstable. As for rational…I’ll leave you to make up your own mind!

So, whilst there is a huge industry dedicated to financial prediction of one sort or another I can’t help wondering WHY!?

I am not comfortable with the thought of nations or Corporations wasting money in trying to predict the future but the chances of my voice (even though not entirely alone) making any difference are about as long as the chances of some highly paid economists or quants accurately predicting the economic future. So the best that I can do is attempt to educate and assist those businesses whose leaders no longer trust financial or political institutions, question the practice or recognise the sheer folly of such exercises!

It’s a dirty job but someone’s gotta do it and I feel compelled to give it my best shot!!!

Getting my head round complexity has only reinforced my belief that investing in prevention and getting “Fit for randomness” is the most sensible strategy in the face of risk and uncertainty (whether natural or man-made). Quantitative Complexity Management, from Ontonix, enables a business to measure and manage the internal interdependencies and external inter-connectedness of its company ecosystem. We extend the “risk horizon” into areas of (epistemic) uncertainty and, in doing so: Read more of this post

Ontonix can help with elephant etiquette, Swans and the visually impaired…


It's going to take a lot of regulation to AVOID something this size!Like him or not, agree with him or not you can’t say that Nassim Taleb (NNT) isn’t “good value”!?    He wears his heart on his sleeve and says what he thinks.

NNT Big game hunter

Whilst others are content to talk “elephant droppings” about rules to regulate elephant behaviour…that they wont read (even if they could) he has determined the best means of dealing with an elephant infestation, is neatly folding his jacket, rolling up his sleeves and is staring-down the elephant on his fireside rug before launching his first attempt to teach the elephant about living room etiquette!!! Read more of this post