Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
I would argue that's also happening in the economy. Because, well, in some cases, we may behave rationally. I'd say the cases where we behave rationally are the ones where things are really simple so we can figure them out. But most of the time, it's pretty complicated. So that's not such a good approximation. And we, you know, overshoot, undershoot, and differentiate.
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