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W. Brian Arthur (Part 2) on "Prim Dreams of Order vs. Messy Vitality" in Economics, Math, and Physics

COMPLEXITY

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Is Standard Mathematics Enough to Explain Relationships in Economics?

I think standard mathematics tends to biasus towards systems that don't have new variables coming along. It's hard to show horn processes with novel structures appearing into standard algebra. Just to amuse myself, i wondered what would be like to write a novel using only nouns. Somebody told me that virginia wolf had actually experimented with that. But you know, there's a kind of, for god's sake, why don't you just say, they kissed?

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