Complex Systems Simulation Techniques for Economics

Current economic models are often too simplistic to capture the intricate dynamics of our global economy, limiting effective policy-making and forecasting. Experimentation with innovative economic models—such as those incorporating universal basic income or alternative market systems—is rare, leaving us unprepared for emerging trends. The inherent complexity of global systems further complicates accurate forecasting, underscoring the urgent need for more sophisticated, adaptive tools that can better predict and navigate the economic landscape of tomorrow.