My review in the Journal of Economic Issues


My review of two books, Complexity in Economics (2025) and Agent-Based Modelling: A Tool for Complexity (2025), was published in the prominent Journal of Economic Issues.

50 free online copies:
https://www.tandfonline.com/eprint/TFUKJHI2B2JN5ICYJUBR/full?target=10.1080/00213624.2026.2701250


Intro:
Before 2025, Mauro Gallegati had written and edited at least seven books on agent-based modeling (ABM), with two published at the turn of the century (1999, 2000), four in recent years (2016, 2017, 2018a, 2018b), and one focused on emergent macroeconomics in between (2008). His co-authors include distinguished Italian figures in computational modeling (e.g., Domenico Delli Gatti, Antonio Palestrini, Alberto Russo) and Alan Kirman, one of the founders of complexity economics, whom he co-authored with on two occasions. One might wonder what more someone who has dedicated the last quarter of a century to this topic could add. Nevertheless, M. Gallegati returned this year with two books introducing ABM methodology and opening an entirely new series, Elements in Complexity and Agent-based Economics, published by Cambridge University Press. He co-authors the first two books in the series with Simone Landini from the Institute for New Economic Thinking and Giacomo Gallegati. The latter is not only a PhD Candidate in Economics and Complexity at Collegio Carlo Alberto (University of Turin) but also Mauro’s son. Indeed, these books offer new economic perspectives and the potential for intergenerational change.

Series:
https://www.cambridge.org/core/publications/elements/elements-in-complexity-and-agent-based-economics

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