Simplifying Complexity cover image

What is complexity science and why should you care about it?

Simplifying Complexity

00:00

Thinking Beyond Equilibrium

A lot of our thought is about the static behavior of things. Most of economic theory is about equilibrium. But oddly enough, the theories haven't reflected that dynamical property. We've had to develop methods that was what Lorenz did to study these nonlinear dynamical systems.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app