Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Digitalization is transforming everything, and as a part of this, the technology-driven ...

In the 1980s and ’90s, SFI played laboratory to a promising new method known as agent-based modeling. In ensuing decades, agent-based models (ABMs) proliferated across many fields, including economics ...

Reaching net-zero emissions will involve a structural transformation of the global economy. The transition is complicated by deep uncertainty about the new economic configurations that will emerge, ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The reason for the uptick in brands and companies using the model, in my opinion, is that ...

Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the coming financial crisis. Our economy today has been described variously as “weird,” “really weird” and “very, ...

Are you interested in learning more about the US economy and the capitalist economic system? The circular flow model is a way to understand its ebbs and flows better, as it helps to visualize the ...

In “When economists’ forecasts are no better than a coin toss” (Letters, October 4), Tahir Farooq castigates economists for being obsessed with the mathematical formulations of dynamic stochastic ...

Sustainable growth is a concept that combines economic development with environmental preservation, seeking a balance between the need for growth and the protection of natural resources. In a world ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...

In late September, after months of missing post-pandemic growth targets, the Chinese government began rolling out a broad set of economic stimulus measures. So far, these have included stock market ...

China’s economy is at a transformational moment. For more than two decades, a growth model centered on the debt-fueled construction of housing and infrastructure propelled the country’s rapid ...