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

2805.41 - 2829.869 Doyne Farmer

So even though the lion might not interact with the grass except to roll around in it occasionally, because the lions are controlling the zebras and the zebras are controlling the grass, it's all connected. So economists sort of, I mean, Adam Smith already said something like that. But our models very explicitly do that in a bounded rational setting because why are we specializing?