Enrique A. Bour
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Since Nov 9, 2004 

 
Financial Crises and Complex Phenomena
By Enrique A. Bour, May 2011.

We analyze some basic notions concerning the choice of an exchange-rate regime, emphasizing the similarities between economic policy and a contract between the public and the private sectors, as put forward by the well-known controversy between Rules and Discretion in monetary policy; modern approaches seeing the economy as an emerging, social and evolutionary phenomenon are briefly considered. These new approaches demonstrate the fertility of a new economy of complex phenomena.

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Last Updated ( Tuesday, 10 January 2012 )
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