The Economy and Complexity Science: Part 1
Simplifying Complexity
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Challenging Newtonian Models in Professions
Professionals often work with models of the world, but at some point realize the inadequacy of these models, particularly in the realm of companies and human interactions. Economics in the 20th century aimed to establish a solid foundation by focusing on static equilibrium models, however, the complexity of human behavior and systems made it challenging to capture in equations.
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