Increasing Returns and Positive Feedbacks

Brian Arthur is a storied economist and complexity thinker. He is a pioneer in a number of disciplines including increasing returns, complexity economics, and the evolution of technology. Brian previously served on the science board and the board of trustees of Santa Fe Institute.  He is one of the youngest endowed chair holders at Stanford University.  Brian is also the author of The Nature of Technology: What it is and how it evolves.

Our conversation with Brian centers on technology and its manifestation within economic systems. More specifically, we cover: the nature and evolution of technology, the role of software in shaping economic systems, the concept of increasing returns, and Star Wars as a representation of the human condition. 

About Brian Arthur:

• W. Brian Arthur – Wikipedia
• W. Brian Arthur – Santa Fe    
• W. Brian Arthur – Google Scholar 

Books:

• The Nature of Technology: What It Is and How It Evolves
• Complexity and the Economy 
• Complexity Economics: Proceedings of the Santa Fe Institute’s 2019 Fall Symposium  

Articles:

• Where is technology taking the economy? 
• Increasing Returns and the New World of Business  

Recommendations/References:

• Walter G. Vincenti 
• Samuel Butler
• Cormac McCarthy
• Podcast: Complexity

Luminary Podcast:

• Visit us
• Follow us on Twitter
• Luminary on Linkedin 
• Luminary on Youtube Channel

Music:

• Music used in this podcast: Simplex Kevin MacLeod (incompetech.com): Licensed under Creative Commons: By Attribution 3.0 License: http://creativecommons.org/licenses/by/3.0
• Chipper Doodle Kevin MacLeod (incompetech.com): Licensed under Creative Commons: By Attribution 3.0 License: http://creativecommons.org/licenses/by/3.0

The post Brian Arthur on technology, software, and economic systems appeared first on Luminary.fm.