Episode 3 - What complexity actually is
The Clock and the Cat
Application of Complexity Thinking
This is a new application, what I say new in the last 10 years, application of complexity thinking. It's not something that's been part of the way of doing things before 2008. If you go back into the research offices of the central banks, you'll see some junior scientists who were working on this stuff before 2008. Nobody listened to them. And arguably, it still isn't the job description of the central bankers, or so we're not absorbed the lessons.
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