4min chapter

COMPLEXITY cover image

Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)

COMPLEXITY

CHAPTER

The Inequality Side of Complexity

As complexity increases, things become less fragile and less volatile. More complex places have more letters - they can sustain more words. So there is an enormous inequality in the variety of letters in places. The market would like to put all letters somewhere. And that's why you get ino places as dense as new york city,. a people cramming into a subway and so on.

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