Episode
W. Brian Arthur (Part 2) on "Prim Dreams of Order vs. Messy Vitality" in Economics, Math, and Physics
COMPLEXITY · Oct 7, 2021 · 1 h 03 min
Can you write a novel using only nouns? Well, maybe…but it won’t be very good, nor easy, nor will it tell a story. Verbs link events, allow for narrative, communicate becoming. So why, in telling stories of our economic lives, have people settled into using algebraic theory ill-suited to the task of capturing the fundamentally uncertain, open and evolving processes of innovation and exchange?…