Stock-flow consistent modelling | Takeways from the Energy Innovation Academy

In the context of the Energy Innovation Academy held in Florence on 28-30 November 2018, Tim Schittekatte (FSR) interviews one of the Academy participants, John Smith (University of Hertfordshire) who presented his work on ‘An ecological stock-flow consistent approach to macroeconomic stability, entropy, and chaos’. What do we mean by innovation? How can regulation deal with change in complex adaptive system, in the process of energy transitions?

For more information on the FSR Energy Innovation Area, please visit:

http://fsr.eui.eu/energy-innovation/