W. Brian Arthur is a well-known economist and complexity thinker, currently External Professor at the Santa Fe Institute. In the 1980s he led the group at the Santa Fe Institute that developed an alternative, non-equilibrium approach to economics, now called “complexity economics.” He is also known for his work on increasing returns locking markets in to the domination of a single player, and for his insights on how technology evolves over time.
Arthur is a member of the Founders Society of the Santa Fe Institute and in 1988 ran its first research program. He served on SFI’s Science Board for 18 years and Board of Trustees for 10 years. Brian Arthur held the Morrison Chair of Economics and Population Studies at Stanford from 1983 to 1996, where with Marc Feldman he founded the Morrison Institute for Population and Resource Studies. Among his honors are the International Schumpeter Prize in Economics, the Lagrange Prize in Complexity Science, and two honorary doctorates.