Background
IIER 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.
Mission
IIER’S mission is to conduct and support scientific research with the objective of creating a better understanding of human macroeconomic systems and the overall functioning of societies with regards to energy, monetary systems, behaviour, technology and effects of globalization. Through hiring researchers and conducting original research, they produce scientific papers, policy documents, and other means of disseminating information. The beneficiaries of the work are academic institutions, policy-makers, and the general public, who they aim to educate on the above topics in order to support planning efforts that secure the long-term stability of democratic societies even in economically difficult times. Further, the projects expand into the preservation of democracies and civil society in advanced economies.
Geographic focus
Global
Programme areas
economics and ecosystems science, behavioural science, democracy preservation