2min chapter

The Reith Lectures cover image

The Darwinian Economy

The Reith Lectures

CHAPTER

Evolution in the Financial Market

There are more than merely ficial resemblances between a financial market and the natural world, as darwin came to understand it. The difference is that whereas giant asteroids come from outer space, financial crises originate within the system. But where are the mass extinctions? The dynosaurs? Still rome the financial world?

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