Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
But the theories that we complexity economists use are often more like statistical mechanics or evolutionary biology models, which may or may not have equilibrium in them. And so it's a much more flexible theoretical framework. But I'd like to draw an analogy to fluid flow. The Navier-Stokes equations, you can derive them from Newton's laws. And you can write them down.
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