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

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

2713.778 - 2751.62 Doyne Farmer

It takes in, just as our metabolism, what does it do? We take in food, right? from the outside world, we reform that food, we break it into pieces and we make it into something else. What does the economy do? It takes in natural resources and then combines it with labor and we reform it into goods and services that we consume or that other industries consume. So it's the engine at the bottom.

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