This book offers a pluralist exposition on multiple meanings and levels of complexity, shedding light on the normative and practical implications that various approaches to complexity involve. We hope that this title will inspire a sustained interest in exchanging ideas and looking for new...

"The analytical challenge in such constantly shifting environments, explained Friedrich Hayek in his 1974 Nobel acceptance speech, is to understand an economy as an 'organized complexity.' Although the term 'complex systems' wasn't yet well established, Hayek recognized structures of 'essential...