18 May 2022
Julian Kiverstein
Session 6a ‘Making sense of market moods’
Speaker: Julian Kiverstein; Professor of Neurophilosophy, University of Amsterdam
“…In this talk I will ask whether market moods, such as exuberance or despair, can be understood as emergent properties. These are experiences that investors get caught up in. Once they emerge, they seem to take on a life of their own with investors either rushing to buy or sell. Could we think of market moods as example of what enactive cognitive scientists call ‘participatory sense-making’?”
Julian Kiverstein is currently writing a monograph entitled ‘The Signifigance of Phenomenology’ for Palgrave Macmillian, and editing a comprehensive handbook for Routledge Taylor Francis on the philosophy of the social mind. In his talk Julian is set to bridge the gap between neurophilosophy and economics, examining the true consciousness of the market and how this exhibits itself real-time.
Personal reflections from Patrick Schotanus:
“Together with one of his collaborators, Michael Kirchhoff, Julian has done some of the most important work on extended consciousness. As I have argued in my primer, quoting them, with interacting (e.g. exchanging) humans the resultant conscious experience depends on the states of more than one embodied agent, and in this sense becomes shared, i.e. intersubjective. With his background as a philosopher focused on 4E cognition, and somebody who has collaborated with experts from other fields, including neuroscientists, Julian knows like no other how important our research programme in cognitive economics will be. His presentation will be enlightening to many.”
Anatole Kaletsky
Session 6b ‘The Four Ages of Capitalism: why collective economic thinking keeps changing, while individual human thinking does not.’
Speaker: Anatole Kaletsky; Co-founder and Chairman of investment firm GaveKal
“…fundamental difference exists between the collective behaviour of the economy and the individual behaviour of the people of whom the economy is comprised. If so, then the effort which has dominated economic theory since the 1960s to “discover” the micro-foundations of macro-economics, whether Keynesian or monetarist or Hayekian, is a category error and a fool’s errand.”
An established and renowned economist, Anatole Kaletsky is chairman and chief economist of Gavekal Dragonomics, an economic consulting and asset management company based in Hong Kong and Beijing. Anatole was the first chairman of the Institute for New Economic Thinking (INET) and is now on the boards of INET and the Open Society Foundations.
Personal reflections from Patrick Schotanus:
“Anatole is one of the most astute economic observers. More Keynsian minded, he regularly reflects opinions I disagree with, which is why I read his analyses because he is often also right. Regarding my research, I owe a lot to Anatole. He invited me—a nobody in academia and investing—to INET’s highly selective inaugural symposium in Cambridge in 2010. As readers can see from the other comments, at INET’s conferences I met a number of our other speakers. Moreover, Anatole introduced me to George Soros at that conference. With a large gap, it eventually resulted in our recent reflexivity paper (under review), co-authored with Ron Chrisley, Andy Clark, Duncan Pritchard, and Aaron Schurger, that George favourably commented on. Anatole’s talk on the microfoundations of economics is central to the critique by the MMH.”
See the full agenda here | Find the pre-symposium material here
