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EPISODE · Aug 26, 2024 · 1H 5M

Chaos and Complexity Economics (with J. Doyne Farmer)

from EconTalk · host EconTalk: Russ Roberts

Physicist J. Doyne Farmer wants a new kind of economics that takes account of what we've learned from chaos theory and that builds more accurate models of how humans actually behave. Listen as he makes the case for complexity economics with EconTalk's Russ Roberts. Farmer argues that complexity economics makes better predictions than standard economic theory and does a better job dealing with the biggest problems in today's society.

Episode metadata supplied by the publisher feed · Published Aug 26, 2024

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Chaos and Complexity Economics (with J. Doyne Farmer)

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