ABSTRACT
The presentations at the workshop on macroeconomic problems, including the summaries of the business cycle by Larry Summers and of the present debt crisis by Mario Simonsen, were essentially masterly critical reviews and analyses of what actually has happened and is happening, and of failed theories and panaceas. To foster mutually supportive research in this field, the Santa Fe Institute has formed a research network and is planning a resident research program in Santa Fe on "The Economy as an Evolving Complex System". Quite generally, the economists at the workshop were eager to learn as much as possible about the limits of applicability of the various kits of possibly applicable complex systems tools provided by the non-economists present. The workshop fully achieved its principal purpose, to provide an initial basis for supportive research across several disciplines on nonlinear dynamic processes in economics.
