Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
The theory for that actually, ironically, was originally started by John Muth John Muth is a guy who actually invented rational expectations in 1960. But he also, he could work with both hands. He said, let's assume that inventors just throw darts at a dartboard at random. And let's assume they're just smart enough to see when they've made a better throw.
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