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Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity

1297.626 - 1320.005 Doyne Farmer

financial instruments we didn't properly understand, and they had side effects that we really didn't understand. There were a few people like Robert Shiller who anticipated the housing bubble, that the housing bubble would pop, but almost nobody anticipated was how enormous the side effects on the real economy would be.

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