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

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

667.299 - 693.874 Doyne Farmer

And then you give them some way of reasoning about the world. Traditionally, that's rational expectations, meaning they're like Mr. Spock in Star Trek. They can reason about everything, and they're very logical, and they can process all the information and arrive at the correct conclusions. And so you give them those things, and you furthermore assume equilibrium.

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