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

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

3207.917 - 3234.399 Doyne Farmer

Yeah. Now, interestingly, in biology, competition is a key part of evolutionary theory. But evolutionary biologists view competition as what leads us to speciation. That's one of Darwin's key insights. Whereas in economics, the mainstream people like Milton Friedman say, no, competition means you quickly come to equilibrium, the state of rest.

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