|
Economics, Systems Thinking Ecologists take a nuanced, evidence-based approach to intervening in complex adaptive systems. This is how complexity thinking could reboot our approach to public policy. ![]() Ecology, by Midjourney "Like ecologies, economies are complex adaptive systems. They exhibit feedback loops, delays, adaptation, path dependence, nonlinearity, emergent phenomena and — importantly — people. "Economics is a social science. As the renowned physicist Murray Gell-Mann once quipped, 'Imagine how hard physics would be if electrons could think!'” - Kasey Klimes Article: Designing an Economy Like an Ecologist |