Understanding economies in times of crises? Modern macroeconomics failed so far. Researchers are now proposing a novel method that makes the effects of shocks on out-of-equilibrium economies computable for the first time.
New theory derived from classical physics predicts how economies respond to major disturbances
Understanding economies in times of crises? Modern macroeconomics failed so far. Researchers are now proposing a novel method that makes the effects of shocks on out-of-equilibrium economies computable for the first time.