
38. Evolution, Complexity, and the Remaking of Economics
Mutiny Investing Podcast
Is Complexity Economics?
complexity economics is the study of systems with many different parts in those different parts are inter acting. Browning, most ness i give you measure all the temperature of al thedifferent particles in the room. If the room is 70 degrees, then some particles aregoingto be 71 degrees, and some particls, particles aregoin be 69 degrees. And e those things ca act randomly, like one particle being higher doesn't lead to anything else. Where as in a complex system, you do if one species in thenego system goes extinct, younow the mosquitoes gro extinct,. or the rat population got out of control because there is some chain linking them to the mosquitoes. But this
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