Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
And in some markets, you know, some markets saying supply equals demand, not a bad approximation over sufficiently long timescale. In other markets like housing markets, supply and demand can be wildly out of balance. And it goes back to the way prices get formed in housing markets. You know, if you bought a house, What do you do? You go find a comparable house.
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