The world is awful. The world is much better. The world can be much better. All three statements are true at the same time. Understanding this is key to solving big global problems. We believe data & research can help us understand both the problems we face & the progress that’s possible. 🧵

I spoke to Ricardo Lopes for The Dissenter about Complexity Economics and a range of issues from business cycles, simulating the economy, financial crises, to how we can solve climate change, and whether we can tackle inequality. www.youtube.com/watch?v=h0Vf...

In these Sankey charts its easy to see how money flows from various sources of revenue to expenses. Now imagine at those ends we can connect all other households/ firms where one's income is the other's expense and vice versa. Voila, now you have a cash flow consistent model of the entire economy!

💡 A market outlook document soon becomes outdated after publication compared to a live agent based model of the economy that gets updated nightly and is available through an API.

What is an Agent-Based Model of the economy? 🤔 Here is a one pager: www.marketsreplica.com/agent-based-...

This is an excellent book by one of the pioneers of complexity economics Doyne Farmer. @doynefarmer.bsky.social www.penguin.co.uk/books/284357...

The government takes millions and billions of loans. The interest rate of these loans are determined by the market but influenced heavily by the analysis done by the rating agencies, world bank, IMF, etc. It is surprising how superficial, outdated and shallow these rankings are...

If AI agents can mimic decision making of various humans, this opens up a huge possibility to accurately model society in a large simulation. arxiv.org/abs/2411.10109

Hello world, This is our first post. Our mission is to make humanity more rational and empathetic by showing us how we look like in a digital twin of the economy!