161 | W. Brian Arthur on Complexity Economics
Podcast: Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas (LS 69 · TOP 0.05% what is this?)
Episode: 161 | W. Brian Arthur on Complexity Economics
Pub date: 2021-08-23
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Economies in the modern world are incredibly complex systems. But when we sit down to think about them in quantitative ways, it's natural to keep things simple at first. We look for reliable relations between small numbers of variables, seek equilibrium configurations, and so forth. But those…
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