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complexity

The Prestigious Darwin Club for Social Science Elected Oliver Kovacs Among Its Members

The Darwin Club is an unbiased and independent non-profit research and educational association for leading social scientists and other scientists blessed with the vein of interdisciplinarity, whose primary goal is to promote the application of Darwinian ideas and other related principles in the social sciences, including economics, political science, sociology, law, organizational theory, as well as management and bu
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Book Review: Fiscal Policy Under Low Interest Rates (Olivier Blanchard)

Review: Fiscal Policy for Eternity: Review of Olivier Blanchard’s Fiscal Policy Under Low Interest Rates

Kovacs, O. (2023): Fiscal Policy for Eternity – Public Debt: Devil or Messiah? /in Hungarian/ Review of Olivier Blanchard’s Fiscal Policy Under Low Interest Rates, MIT Press, US, 2022/2023, p. 176, Economic Review, Vol. 70., No. 1, pp. 103-110 The opinion canon of mainstream economics is being broken by more and more dissonant voices, the source of which is the mainstream itself. Therefore, we can attribu
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Book: Complexity Economics – Economic Governance, Science and Policy

Kovacs, O. (2022): Complexity Economics – Economic Governance, Science and Policy. Routledge, London, p. 374 https://doi.org/10.4324/9781003288398  Our socio–economic innovation ecosystem is riddled with ever-increasing complexity, as we are faced with more frequent and intense shocks, such as COVID-19. Unfortunately, addressing complexity requires a different kind of economic governance. There is increasing pr
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Publication: Zombification and Industry 4.0

Kovács, O. (2022): Zombification and Industry 4.0—Directional Financialisation against Doomed Industrial Revolution. Social Sciences, Vol. 11., No. 5, Article No. 218; https://doi.org/10.3390/socsci11050218 Abstract This contribution addresses the puzzle of whether Industry 4.0 is able to autochthonously bring back the real economy (non-financial corporate sector) into the consciousness of the financial sector. It is
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Online Conference: Complexity and Economics (and its Education)

Title After Economics – There is no more practical thing than a theory? Role Role: speaker Title of the presentation: Complexity and Economics Location Online Event hosted by University of Public Service, Budapest, 2 sq Ludovika H-1083 Date 7 April 2021
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The Hungarian Eurology – The Road to Perdition?

Kovács, O. (2020): The Hungarian Eurology – The Road to Perdition? Journal of Post-Communist Economies, Online version, DOI: https://doi.org/10.1080/14631377.2020.1745558  The study aims at deciphering the driving forces behind the Hungarian eurolessness from a more complexity-aware perspective. To this end, it applies the concept of runaway phenomena, borrowed from complexity science pervaded by an evolutionar
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Grounding Complexity Economics in Framing Modern Governance

Kovács, O. (2020): Grounding Complexity Economics in Framing Modern Governance. Acta Oeconomica, Vol. 69, No. 4, pp. 571-594. (Journal category: Q2) This paper addresses the hottest potato of economics today, namely why the profession seems to have been lulled into a sense of false security in spite of flourishing economic models as well as subfield-knowledge in various disciplines? The embarrassing question of the Q
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Big IFs in Productivity-Enhancing Industry 4.0

Kovacs, O. (2019): Big IFs in Productivity-Enhancing Industry 4.0. Social Sciences, Vol. 8., No. 2, Industry 4.0 Implication for Economy and Society, https://doi.org/10.3390/socsci8020037 Abstract With the dawn of Industry 4.0, its productivity-boosting impact appears to be comfortably ensconced both in the media and in the scientific community. Still, our paper is to portend a rather dismal prognosis by outlining th
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Shining Lights of Industry 4.0? Maybe, But Some Dark Corners Too!

Title 10th Biennial Conference of the Czech Economic Society Role Role: speaker Title of the presentation: The Dark Corners of Industry 4.0 – Grounding Economic Governance 2.0 Location University of Economics, Prague, Czech Republic Date 1 December 2018
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The Dark Corners of Industry 4.0 – Grounding Economic Governance 2.0

Kovacs, O. (2018): The Dark Corners of Industry 4.0 – Grounding Economic governance 2.0. Technology in Society, Vol. 55., No. 3, pp. 140-145. https://doi.org/10.1016/j.techsoc.2018.07.009 This paper analyses the fourth industrial revolution by shifting towards a more complexity-aware economics. In so doing we concentrate on the complexity of interactions in the development of Industry 4.0 and the Digital Economy by s
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