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Complexity, finance, and progress in human geography

Department of Social and Economic Geography, Uppsala University, Box 513, 75120 Uppsala, Sweden

^* To whom correspondence should be addressed. E-mail: brett.christophers{at}kultgeog.uu.se.

	Abstract

This paper reviews recent commentary on and interpretations of the ongoing financial ‘crisis’ unfolding in many western economies. It finds that a central theme of these readings is the twofold argument that modern finance is too complex, and that this complexity is responsible for the crisis. The paper, inspired both by the economist John Galbraith and by the geographer David Harvey, argues against this widespread ascription and scapegoating of complexity. It does so as part of a wider argument that progress in human geography can be fostered through demystification of modern money and finance.

First published on May 21, 2009, doi:10.1177/0309132509336508

Progress in Human Geography 2009;33:807.

A more recent version of this article appeared on December 1, 2009


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