Tim Gooding articulates a bold and detailed vision for complexity and agent-based economics, but ultimately left me feeling frustrated with a book isolated by its insistence on standing so far from the crowd.
Review by Dr. Pete Barbrook-Johnson
My own frustrations with studying economics at undergraduate and postgraduate level in the UK led me to sociology, complexity science, and agent-based modelling. Gooding seems to have been on a similar journey. He articulates many of the problems with mainstream economics, not least its use of overly simple models. Despite similar critiques being made elsewhere, the discussion feels fresh, it also condenses large swathes of economic thought neatly. This freshness stems from Gooding’s insistence on taking an unusual – radical even – approach to describing economic questions.