The Laboratory for Complex Problems
"Age of Miracles"
00:00
The Real Economy
In the early 19 eighties, stanford economist bryant author, set out to create a new economic framework. Instead of differential equations based on assumptions, arthur proposed agent base simulations. He had this notion that you could within your office in the university, a little peasant economy developing under a bubble of glass. But beyond math or simulation, there are a number of major differences between arthur's complexity economics and neo classical economics.
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