
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
Complexity and Innovation in Economics
This chapter explores the intersection of evolutionary biology and economics, focusing on how complexity arises in both fields. It discusses the contrasting nature of competition in biological versus economic systems and the implications of modeling innovation. Additionally, it emphasizes the need for complexity economics in understanding market behavior and preventing financial crises.
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