Filip Lubinski

In less than two weeks, I’ll give a lecture at the University of Manchester on Adam Smith as a precursor of Complexity Economics.

Great thanks to Prof. Nuno Gil for inviting me and to Prof. Carliss Baldwin for pointing his attention at me.

The long-term dominance of contemporary mainstream economics, rooted in the neoclassical school, has diminished the focus on the discipline’s intellectual history. The lecture contends that this neglect hampers potential progress within this discipline and management studies. A lack of understanding of the paradigm’s historical evolution restricts our ability to grasp its possible future directions accurately. Moreover, earlier ideas are often rediscovered and reassessed in fresh contexts, aiding in a paradigm shift. The lecture highlights Adam Smith as an example, showcasing the insights that position him as a precursor to research programs currently gaining significance – complexity economics and management. His reflections on the division of labor, the theory of democracy, and the systemic creation of wealth are notable examples.