In their 2014 report, Deloitte asserted that the global business landscape has fundamentally changed and that ‘business-as–usual' and the previous ideas of what is Normal are a thing of the past. They imply that everyone is now working in the world of VUCA - an acronym for the volatility,...

A country's productive structure and competitiveness are harbingers of growth. Growth is a dynamic process based on capabilities that are difficult to define and measure across countries. This paper uses a global measure of fitness (or complexity-weighted diversity of production) as a method to...

Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader understanding of the socio-economic dynamics involved in...

This report is the second published in the British Columbia Law Institute's Strata Property Law Project — Phase Two. BCLI's work on strata-property law reaches back to phase one of this project, which concluded in 2012 with recommendations to examine the following seven areas: (1) fundamental...

Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the last three decades, advancing more realistic economics. It converges with long-standing heterodox schools, and its theoretical and empirical findings are consistent with older...

Whereas economic governance is now undertaken in the EU through a regulated, 'hard' framework, there is no equivalent framework for social governance. At present, social governance in the EU functions mainly within the 'soft', unregulated realms, although it is also marked by some 'hard'...

Complex adaptive systems consist of a multitude of agents from whose individual adaptation efforts the adaptive behavior of the system as a whole emerges. In this paper it will be argued that capitalism is a complex adaptive system. Except for its particular mode of production many of its...

In his important article, Benito Arrunada draws out the significance of sequential exchange for property rights and traces inadequacies in the economics of property rights to its overly contractual focus, to the exclusion of multiple transactions on the same asset. In this comment, I argue that...