Monday, 26 February 2018

The economy is more a messy, fractal living thing than a machine – George Zarkadakis | Aeon Ideas

The economy is more a messy, fractal living thing than a machine – George Zarkadakis | Aeon Ideas

Mainstream economics is built on the premise that the economy is a machine-like system operating at equilibrium. According to this idea, individual actors – such as companies, government departments and consumers – behave in a rational way. The sy...
Read more: https://aeon.co/ideas/the-economy-is-more-a-messy-fractal-living-thing-than-a-machine?source=Snapzu

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