
J. Doyne Farmer's Interviews
#1029 J. Doyne Farmer - Making Sense of Chaos: A Better Economics for a Better World
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Doyne Farmer on Chaos, Crashes, and Economic Complexity
A large economy is one of the best examples we have of complex dynamics. There are multiple components arranged in complicated overlapping hierarchies, out-of-equilibrium dynamics, nonlinear coupling and feedback between different levels, and ubiquitous unpredictable and chaotic behavior. Nevertheless, many economic mo
Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)
As our world knits together, economic interdependencies change in both shape and nature. Supply chains, finance, labor, technological innovation, and geography interact in puzzling nonlinear ways. Can we step back far enough and see clearly enough to make sense of these interactions? Can we map the landscape of capabil
J. Doyne Farmer on The Complexity Economics Revolution
Once upon a time at UC Santa Cruz, a group of renegade grad students started mixing physics with math and computers, determined to discover underlying patterns in the seeming-randomness of systems like the weather and roulette. Their research led to major insights in the emerging field of chaos theory, and eventually t
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