Economics is a social science, so is economic design as a field. This short article discusses, in particular, the future of economic design, and of economic theory in general. By suggesting some examples, I hope to convince the readers that the recent technological advances in science and technology will not only be disruptive to the social machinery that surrounds us but also to the future of economic design as a field. However, economic design, as an established field, has the potential to add value to the society by offering an axiomatic framework to the design of the future with a social sciences perspective.
View graph of relations
- mathematical economics, microeconomics