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Beacon Economics, LLC is an independent economic research and consulting firm focused on helping our clients make informed decisions about investment, growth, revenue, policy, and other economic and financial questions. Founded in 2006, we entered the spotlight as one of the earliest and most adamant predictors of the subprime housing market meltdown - and as one of a handful of organizations to stand against the tide and correctly calculate the depth and breadth of the global financial and economic crisis that followed.

It is vital that we understand the physical nature of wealth so we can envision and build economic systems that are capable of (1) reducing chronic inequality in the world; (2) recognizing the inherent value of nature as a foundational building block for any economic system; and (3) exploring the 'design space' of all possible economic systems to find those best suited for planetary sustainability.

Mainstream economics has demonstrated blind spots that have impaired its effectiveness and credibility-and failed society at large Founded in the wake of the financial crisis in 2009, the Institute for New Economic Thinking (INET) is a nonpartisan, nonprofit organization devoted to developing and sharing the ideas that can repair our broken economy and create a more equal, prosperous, and just society.

This blog is part of the economics project of the London Mathematical Laboratory. We're re-deriving formal economics without making the ergodicity assumption. That means questioning 350 years of scientific history, and of course much it is quite technical. But beyond the technical side, we've found that this generates a broad perspective, a culture maybe, that seems worth sharing.

This report, edited by Nell Abernathy, Mike Konczal, and Kathryn Milani, builds on recent analysis of economic inequality and on our 2015 report, Rewriting the Rules, in which we argued that changes to the rules of trade, corporate governance, tax policy, monetary policy, and financial regulations are key drivers of growing inequality. Where Rewriting identified the problem and began to outline a policy response, Untamed delves deeper on a specific set of solutions to curb rising economic inequality and spur productive growth. We start from the assumption that inequality is not inevitable: It is a choice, and, contrary to many opinions on both the left and the right, we can choose differently without sacrificing economic efficiency.

The Center for Economic and Policy Research (CEPR) was established in 1999 to promote democratic debate on the most important economic and social issues that affect people's lives. In order for citizens to effectively exercise their voices in a democracy, they should be informed about the problems and choices that they face. CEPR is committed to presenting issues in an accurate and understandable manner, so that the public is better prepared to choose among the various policy options.

Californians know that the time to fix our state's economy is now. People from every region are standing up and demanding change. We must create real and intelligent remedies that will attract capital, generate jobs and encourage sustainable communities all over California.

This is what Jane Jacobs taught us long ago in her book The Economy of Cities. This is what the Nobel Prize winning economist Robert Lucas meant when he formalized Jacob's argument into a theory of "human capital externalities" that stem from the dense clustering of people in cities as the basic mechanism of economic growth. Cities themselves power economic progress, driving artistic, technological, and overall economic growth at one and the same time.

The Institute for New Economic Thinking was created to broaden and accelerate the development of new economic thinking that can lead to solutions for the great challenges of the 21st century.

The Hamilton Project seeks to advance America's promise of opportunity, prosperity, and growth. The Project's economic strategy reflects a judgment that long-term prosperity is best achieved by fostering economic growth and broad participation in that growth, by enhancing individual economic security, and by embracing a role for effective government in making needed public investments. We believe that today's increasingly competitive global economy requires public policy ideas commensurate with the challenges of the 21st Century. Our strategy calls for combining increased public investments in key growth-enhancing areas, a secure social safety net, and fiscal discipline. In that framework, the Project puts forward innovative proposals from leading economic thinkers-based on credible evidence and experience, not ideology or doctrine to introduce new and effective policy options into the national debate.

OK, this post is already way too long, but one final thing. Physicists, I think, become even more drawn to economics when we look into economics and see broad resistance to research pursuing this "complexity" perspective. It seems instead that most of mainstream research tries to get around system complexity with mathematical tricks, rather than facing up to it. I'm thinking about ideas like representative agents, or rational expectations. The assumptions make it possible to build models without having to deal with the complexity of interactions and the emergent structures they create; but the resulting models, naturally, look very pale and questionable as models of anything real. When physicists see that a small minority of ("heterodox") economists also find the standard approach hugely limiting, they feel an urge to help out. And they believe that some of their ideas can help.

"The UK's Women's Equality Party has voted overwhelmingly to put Doughnut Economics at the heart of its policies. "

"Limits to Growth, a study of the patterns and dynamics of human presence on earth, pointed toward environmental and economic collapse within a century if "business as usual" continued. In 1972, the book's findings sparked a worldwide controversy about the earth's capacity to withstand constant human and economic expansion. More than 40 years later, with more than 10 million copies sold in 28 languages, this "little book with powerful ideas" endures as a touchstone for anyone seeking to understand the complex relationships underlying today's global environmental and economic trends. "

CORE Economics Education is a charity registered in England and Wales (number 1175143) for the public benefit, the advancement of education in economics and related fields and to raise public awareness, through the provision of teaching and learning materials and associated activities.

CEPR is based on what was (in 1983) a new model of organization, a "thinknet". It is a distributed network of economists, who are affiliated with but not employed by CEPR, and who collaborate through the Centre on a wide range of policy-related research projects and dissemination activities. CEPR was founded at a time when European economics had relatively few "centres of excellence" with international reach but many excellent researchers, widely dispersed, with few opportunities for interaction. One of CEPR's main achievements has been to create a virtual "centre of excellence" for European economics through an active community of dispersed individual researchers, working together across international boundaries to produce high-quality research for use by the policy community and the private sector.

If we want a high-growth society with broadly shared prosperity, and if we want to avoid dislocations like the one we have just gone through, we need to change our theory of action foundationally. We need to stop thinking about the economy as a perfect, self-correcting machine and start thinking of it as a garden.

"In a new report, I reinforce what the goal of economic development should be, as summarized by decades of academic literature: to put a region on a path to higher growth by improving the productivity of firms and people in ways that leads to better incomes and living standards for all."

Through SC2, 19 federal agencies work together in partnership with committed city leaders as they implement locally driven economic visions. SC2 does not involve new federal money nor is it a top-down approach. Based on a city's local vision and its request for federal involvement, SC2 seeks to support each city by increasing federal-local collaboration and improving how the federal government invests in and delivers technical assistance to advance locally driven economic development and job creation goals.

The California Economic Summit represents an unprecedented effort to develop a cohesive job creation and competitiveness plan with input from regional and state leaders. A series of Regional Forums in early 2012 lead up to a statewide event on May 11.

For California to meet the challenges of the coming decades - in the areas of healthcare, education, the environment and economic growth, among others - the state will need to dramatically change how public decisions are made and how public dollars are spent.