Complexity: The Emerging Science At The Edge of Order and Chaos

COMPLEXITY: THE EMERGING SCIENCE AT THE EDGE OF ORDER AND CHAOS Simple things organize into complex structures despite the world’s tendency to move towards chaos Neoclassical economics views the world as one of diminishing return, equilibrium and perfect rationality TheĀ scienceĀ of complexity views economics as a global adaptive system made up of many agents constantly in… Continue reading Complexity: The Emerging Science At The Edge of Order and Chaos