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

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

1424.448 - 1444.217 Doyne Farmer

It's not that it can't shrink, but the US economy has been going up at 2% per year on average most of the time since the Revolutionary War. So that's another time asymmetry. But yeah, markets go down easier than they go up.

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