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David Krakauer on Emergent Political Economies and A Science of Possibility (EPE 01)

COMPLEXITY

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The History of Complexity Thinking in Economics

Sipi: I would like to go a little deeper with you on this particular piece, just to give us a little bit more solid footing in the way that sipi thinks differently about these ideas. He says one of the key papers that not as well known as it should be was written by francis edgeworth in 18 89. It's called points at which mathematical reasoning is applicable to political economy. And i think deirdre mc closky does this brilliant job in a book that she wrote called knowledge and persuasion in economics. She talks about this influence of rigorous mathematics on economic thinking derived largely from logic, rather than the more empirical basis of the natural sciences.

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