Reflectivity, Historic Shifts and New Systemic Economics

The assumptions of the efficient market hypothesis and self equilibrium,previously widely acclaimed, led to unsound economic decisions. They created an intellectual complacency that overlooked the risks behind the ongoing structural crisis. New concepts should guide our future analysis and build the foundations of a new economic and financial theory.

Most importantly, new methodologies should now lead our actions in our search to achieve a much needed path to real recovery.

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About the GPI

The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.

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