"Do we really understand more about the fabric of reality than we do about the fabric which emerges from our human interactions? Unfortunately, the answer is yes. But there's an intriguing solution which is coming from what is known as the science of complexity."
"This approach has been very successfully applied to many complex systems in physics, biology,computer science, the social sciences, but what about economics?
Where are economic networks?
This is a surprising and prominent gap in the literature. The study we published last year (link cited above) called "The Network of Global Corporate Control" was the first extensive analysis of economic networks. The study went viral on the Internet and it attracted a lot of attention from the international media. This is quite remarkable, because, again, why did no one look at this before?"
arxiv.org/pdf/1107.5728.pdf Full Article
Accuracy of the power transition model is discussed by Randolph M. Siverson, "A Glass Half-Full? No, but Perhaps a Glass Filling: The Contributions of International Politics Research to Policy" PS: Political Science and Politics, Vol. 33, No. 1 (Mar., 2000), pp. 59-64 Published by: American Political Science Association Article DOI: 10.2307/420776 Stable URL: http://www.jstor.org/stable/420776 Page Count: 6
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