BackgroundIIER was founded to establish a better understanding of human economic systems, which seems to be improperly reflected in the currently predominant macroeconomic theories. Based on this, they invested mostly in developing more advanced theories that reflect the dynamics of the complex adaptive system our economies (and entire ecosystems) present, including energy and natural resources, ecosystem services, energy, financial markets, dynamics of globalization, and, most importantly, human behaviour.
These findings are currently turned into modelling tools and publications for scientific, policymaking and public use, in collaboration with a number of academic institutions, including Imperial College in London and Stanford University. A public outreach project is being established at www.energyandstuff.org.
As they see major societal issues being affected by increasingly difficult economic conditions, leading to the rise of hate and blame and with it populist movements, they also have started engaging with projects leading to the stabilization of democracies in advanced economies.