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Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)

COMPLEXITY

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Are We Making Words That Actually Make Sense?

Ricardo Munoz: I think it's important to understand how production networks and global value chains have a very positive side that is somewhat unexpected. He says countries can get into the business with fewer letters, and then they can more parsimoniously ad letters to their letters. Munoz: It seems as though as the landscape of this century gets more and more turbulent, more and more people are going to get stranded on islands in the labor market landscape.

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