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Why society is a complex problem? A review of Philip Ball's book: Meeting Twentyfirst Century Challenges with a New Kind of Science

Author

Listed:
  • Diana Tampu

    (Economical Studies Academy, Bucharest)

  • Carmen Costea

    (Spiru Haret University, Bucharest)

Abstract

The 21st century is burdened by a series of dramatic changes and efforts are carried out to find potential solutions to consumerism, access to information, transient climate disequilibria, health care and demographic transformations. A new page in human history will bear witness to the introduction of new ways of thinking, new changes, new relationships and interconnections that transcend states and societies. The moment is ripe for individuals aware of the implications carried by global changes and challenges, to step up and encourage responsibility and sustainable development. Mankind is currently living in a data-rich world, where information is widely dispersed. Nevertheless, extracting the right assumptions and conclusions from the available data proves difficult as numerous social phenomena do not run with clockwork precision as the laws governing the Newtonian universe. Human awareness and intelligence demand a more responsible approach to all operations and steps should be made in determining the consequences and their impact. The goal of this paper is not restricted to providing a review but also to enforce certain ideas in relation to the complex interactions specific to society and economic activities.

Suggested Citation

  • Diana Tampu & Carmen Costea, 2013. "Why society is a complex problem? A review of Philip Ball's book: Meeting Twentyfirst Century Challenges with a New Kind of Science," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 2(1), pages 80-89, March.
    • Handle: RePEc:sph:rjedep:v:2:y:2013:i:1:p:80-89
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    References listed on IDEAS

    as
    1. Réka Albert & Hawoong Jeong & Albert-László Barabási, 2000. "Error and attack tolerance of complex networks," Nature, Nature, vol. 406(6794), pages 378-382, July.
    2. Blake LeBaron & Leigh Tesfatsion, 2008. "Modeling Macroeconomies as Open-Ended Dynamic Systems of Interacting Agents," American Economic Review, American Economic Association, vol. 98(2), pages 246-250, May.
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    More about this item

    Keywords

    multi agent model; complex society; crashes;
    All these keywords.

    JEL classification:

    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • G01 - Financial Economics - - General - - - Financial Crises

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