This is the second part of the series started with this post. It is well worth it to begin by reading the first part, as it lays… Read more “Surprise! Recession II”
Tag: Complexity
Surprise! Recession
Update: x is now defined! See below. Warning, very wonkish. This will be the first in a series laying out the math of complexity systems, and how… Read more “Surprise! Recession”
Complexity? Or Efficiency?
Andrew Haldane (via Arnold Kling writes about one of my favorite subjects: complexity. Ezra Klein also has a post about complexity that makes absolutely no sense, and… Read more “Complexity? Or Efficiency?”
Economics and Entropy: Irreversibility
In the first part of this series readers were introduced to Nicholas Georgescu-Roegen, and the conditions by which economic value is created under entropy. In this part,… Read more “Economics and Entropy: Irreversibility”
The Art of “Failing Faster”
I receive regular e-mails from a few employment websites, but by far my favorite is Jobing.com, which is local to the Denver metro area. I usually spend… Read more “The Art of “Failing Faster””
Robin Hanson on “Singularities”
When talking futurism, it’s hard to get much better than Robin Hanson, if you want to remain grounded in the (current) tools of economics. A video of… Read more “Robin Hanson on “Singularities””
Too Big to Fail? Or Too Brittle to Sustain?
Simon Johnson’s NYT Economix peice is worth a read, simply to see him call the much vaunted “resolution authority” a unicorn. I think the same of a… Read more “Too Big to Fail? Or Too Brittle to Sustain?”
Immovable Objects and Unstoppable Forces
Since it’s Saturday morning, and I’m a “night owl”, I’d like to begin writing an exposition “column” here on my blog where I inform people about subjects… Read more “Immovable Objects and Unstoppable Forces”