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W. Brian Arthur (Part 2) on "Prim Dreams of Order vs. Messy Vitality" in Economics, Math, and Physics
COMPLEXITY
Is Complexity Economics a Science of Perties?
Complex economics is about looking at systems that are fundamentally unknowable. We can model how people proceed with fundamental uncertainty, he says. The economyis an organism that keeps changing and more fing i like that, but as some people might find, that's an uncomfortable view. I don't think we will ever fathom the economy, just as we will never fathom what makes music music. How do these events affect those events? What can you say? So it's a wonderful world. That it's fun to bein on the start of this.
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