Hidden in plain sight over our heads, under our feet, and in the walls of our homes and workplaces, is the backbone of modern society: the power grid.

To explain how something as seemingly straightforward as the power grid has become one of the greatest socio-technical systems on the planet, we’re joined by Seth Blumsack, Professor of Energy Policy and Economics and International Affairs in the Department of Energy and Mineral Engineering at Pennsylvania State University, co-director of Penn State Center for Energy Law and Policy, and External Faculty at the Santa Fe Institute.



Connect:
Simplifying Complexity on Twitter
Sean Brady on Twitter
Sean Brady on LinkedIn
Brady Heywood website

Hidden in plain sight over our heads, under our feet, and in the walls of our homes and workplaces, is the backbone of modern society: the power grid.
To explain how something as seemingly straightforward as the power grid has become one of the greatest socio-technical systems on the planet, we’re joined by Seth Blumsack, Professor of Energy Policy and Economics and International Affairs in the Department of Energy and Mineral Engineering at Pennsylvania State University, co-director of Penn State Center for Energy Law and Policy, and External Faculty at the Santa Fe Institute.
 
Connect:
<ul>
<li aria-level="1"><a href="https://twitter.com/BHComplexity">Simplifying Complexity on Twitter</a></li>
<li aria-level="1"><a href="https://twitter.com/BradyHeywood">Sean Brady on Twitter</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/sean-brady-11a95427/">Sean Brady on LinkedIn</a></li>
<li aria-level="1"><a href="https://www.bradyheywood.com.au/">Brady Heywood website</a></li>
</ul>

Simplifying Complexity is a podcast about the underlying principles of complex systems. On the show, we explore the key concepts of complexity science with expert minds from around the world. Each episode focuses on an interview where we break down a specific concept in detail.

Simplifying Complexity is a podcast about the underlying principles of complex systems. On the show, we explore the key concepts of complexity science with expert minds from around the world. Each episode focuses on an interview where we break down a specific concept in detail.

Simplifying Complexity is a podcast about the underlying principles of complex systems.

Simplifying Complexity

SC - Simplifying Complexity

Energy markets and the power grid

Nicholas Gruen is the CEO of Lateral Economics, Patron of the Australian Digital Alliance, and a Visiting Professor at Kings College London. 

In this episode, Nicholas discusses the limitations of traditional economic models and emphasises the importance of nuanced problem-solving. He advocates for critical thinking and an interdisciplinary approach to decision-making within complex economic systems, and asks if embracing another paradigm, in this case, complexity economics, is really the answer. 



Resources and links:
Lateral Economics website



Connect:
Simplifying Complexity on Twitter
Sean Brady on Twitter
Sean Brady on LinkedIn
Brady Heywood website

Nicholas Gruen is the CEO of Lateral Economics, Patron of the Australian Digital Alliance, and a Visiting Professor at Kings College London. 
In this episode, Nicholas discusses the limitations of traditional economic models and emphasises the importance of nuanced problem-solving. He advocates for critical thinking and an interdisciplinary approach to decision-making within complex economic systems, and asks if embracing another paradigm, in this case, complexity economics, is really the answer. 
 
Resources and links:
<ul>
<li aria-level="1"><a href="https://lateraleconomics.com.au/">Lateral Economics website</a></li>
</ul>
 
Connect:
<ul>
<li aria-level="1"><a href="https://twitter.com/BHComplexity">Simplifying Complexity on Twitter</a></li>
<li aria-level="1"><a href="https://twitter.com/BradyHeywood">Sean Brady on Twitter</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/sean-brady-11a95427/">Sean Brady on LinkedIn</a></li>
<li aria-level="1"><a href="https://www.bradyheywood.com.au/">Brady Heywood website</a></li>
</ul>

Is complexity economics the answer?

J. Doyne Farmer is Director of the Complexity Economics programme at the Institute for New Economic Thinking at the Oxford Martin School, Baillie Gifford Professor in the Mathematical Institute at the University of Oxford and an External Professor at the Santa Fe Institute.

In this episode, Doyne discusses his journey from chaos theory to complexity economics. He shares his experience developing agent-based models for the economy and talks about the importance of multidisciplinary work and applying complexity science principles to economics and climate change.



Resources:
Purchase ‘Making Sense of Chaos: A Better Economics for a Better World’ here



Connect:
Simplifying Complexity on Twitter
Sean Brady on Twitter
Sean Brady on LinkedIn
Brady Heywood website

J. Doyne Farmer is Director of the Complexity Economics programme at the Institute for New Economic Thinking at the Oxford Martin School, Baillie Gifford Professor in the Mathematical Institute at the University of Oxford and an External Professor at the Santa Fe Institute. In this episode, Doyne discusses his journey from chaos theory to complexity economics. He shares his experience developing agent-based models for the economy and talks about the importance of multidisciplinary work and applying complexity science principles to economics and climate change.
 
Resources:
<ul>
<li aria-level="1"><a href="https://www.penguin.co.uk/books/284357/making-sense-of-chaos-by-farmer-j-doyne/9780241201978">Purchase ‘Making Sense of Chaos: A Better Economics for a Better World’ here</a></li>
</ul>
 
Connect:
<ul>
<li aria-level="1"><a href="https://twitter.com/BHComplexity">Simplifying Complexity on Twitter</a></li>
<li aria-level="1"><a href="https://twitter.com/BradyHeywood">Sean Brady on Twitter</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/sean-brady-11a95427/">Sean Brady on LinkedIn</a></li>
<li aria-level="1"><a href="https://www.bradyheywood.com.au/">Brady Heywood website</a></li>
</ul>

Making sense of chaos with Doyne Farmer

Continuing from our last episode, we’re joined again by Brooke Harrington, Professor of Sociology at Dartmouth College and Herbert Chang, Assistant Professor of Quantitative Social Science at Dartmouth College.

In this episode, Brooke and Herbert explore their research findings on the offshore financial system and discuss why policy interventions to date targeting wealth management have largely failed. They then explore how the findings of their research offer a way forward. 



Connect:
Simplifying Complexity on Twitter
Sean Brady on Twitter
Sean Brady on LinkedIn
Brady Heywood website

Continuing from our last episode, we’re joined again by Brooke Harrington, Professor of Sociology at Dartmouth College and Herbert Chang, Assistant Professor of Quantitative Social Science at Dartmouth College.
In this episode, Brooke and Herbert explore their research findings on the offshore financial system and discuss why policy interventions to date targeting wealth management have largely failed. They then explore how the findings of their research offer a way forward. 
 
Connect:
<ul>
<li aria-level="1"><a href="https://twitter.com/BHComplexity">Simplifying Complexity on Twitter</a></li>
<li aria-level="1"><a href="https://twitter.com/BradyHeywood">Sean Brady on Twitter</a></li>
<li aria-level="1"><a href="https://www.linkedin.com/in/sean-brady-11a95427/">Sean Brady on LinkedIn</a></li>
<li aria-level="1"><a href="https://www.bradyheywood.com.au/">Brady Heywood website</a></li>
</ul>

Energy markets and the power grid

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