Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Sean Carroll
Is there a simple – I mean I can guess at a sort of physics-y phase transition kind of thing. Like the economy generally grows, but as it grows, it's also exploring new configurations and suddenly it finds a lower energy minimum and it sort of crashes down and then starts growing again.
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