Concerns over the current financial situation are giving rise to a need to evaluate the very mathematics that underpins economics as a predictive and descriptive science. A growing desire to examine economics through the lens of diverse scientific methodologies - including physics and complex systems - is making way to a meeting of leading economists and theorists of finance together with physicists, mathematicians, biologists and computer scientists in an effort to evaluate current theories of markets and identify key issues that can motivate new directions for research. Perimeter Institute was suggested to be the gathering point and conference organizers plan to foster a very careful, dispassionate discussion, in an atmosphere governed by the modesty and open mindedness that characterizes the scientific community.
The conference will begin on May 1, 2009, with a day of talks by leading experts to an invited audience on the status of economic and financial theory in light of the current situation. Three days of private, focused discussions and workshops will ensue, aimed at addressing complex questions and defining future research agendas for the world that can help address and resolve them.