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The Economy and Complexity Science: Part 1

Simplifying Complexity

CHAPTER

Is the Market in Balance?

The American economic review said we're sorry, we can't find any technical faults in your reasoning. But this is not economics. And then the quarterly journal of economics says this looks to be rigorously done and proper, but we don't recognize this as economic theory. That must have been a very confronting thing for the economics world to hear. Well, I remember in 1981 sitting with an Hungarian economist called Maria Agustinoviet - she just looked at me as great pity and she said, they will crucify you. The dance.

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