Is it economics or biology
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Of interest to the list, I hope.
>From the current issue of The Economist: The Cambrian age of economics<http://www.economist.com/finance/displaystory.cfm?story_id=7189617> Evolutionary economics is surviving, but not thriving http://www.economist.com/finance/displaystory.cfm?story_id=7189617 -- tj ========================================== J. T. Johnson Institute for Analytic Journalism -- Santa Fe, NM USA www.analyticjournalism.com 505.577.6482(c) 505.473.9646(h) http://www.jtjohnson.com tom at jtjohnson.com "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." -- Buckminster Fuller ========================================== -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/friam_redfish.com/attachments/20060725/1b1906ea/attachment.html |
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Like anything in the mainstream press, tantalisingly short on
detail. I argued back in 1996 that Economics needs to take on an evolutionary outlook in a paper that was ultimately published in 2000. Indeed, I used the same Mashallian quote mentioned in the article: Standish, R.K. (2000) ``The Role of Innovation within Economics'', in Commerce, Complexity and Evolution, Barnett, W. et al (eds) (Cambridge University Press, New York), pp61-79. arXiv:nlin.AO/0007005 The reason why evolutionary economics has not taken off that much is that not enough bright minds are focussed on the problem, and economics is not the same as biology - excessive use of analogy actually clouds understanding. On Tue, Jul 25, 2006 at 06:40:29PM -0600, Tom Johnson wrote: > Of interest to the list, I hope. > >From the current issue of The Economist: > The Cambrian age of > economics<http://www.economist.com/finance/displaystory.cfm?story_id=7189617> > Evolutionary economics is surviving, but not thriving > > http://www.economist.com/finance/displaystory.cfm?story_id=7189617 > > -- tj > > ========================================== > J. T. Johnson > Institute for Analytic Journalism -- Santa Fe, NM USA > www.analyticjournalism.com > 505.577.6482(c) 505.473.9646(h) > http://www.jtjohnson.com tom at jtjohnson.com > > "You never change things by fighting the existing reality. > To change something, build a new model that makes the > existing model obsolete." > -- Buckminster Fuller > ========================================== > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > lectures, archives, unsubscribe, maps at http://www.friam.org -- *PS: A number of people ask me about the attachment to my email, which is of type "application/pgp-signature". Don't worry, it is not a virus. It is an electronic signature, that may be used to verify this email came from me if you have PGP or GPG installed. Otherwise, you may safely ignore this attachment. ---------------------------------------------------------------------------- A/Prof Russell Standish Phone 8308 3119 (mobile) Mathematics 0425 253119 (") UNSW SYDNEY 2052 R.Standish at unsw.edu.au Australia http://parallel.hpc.unsw.edu.au/rks International prefix +612, Interstate prefix 02 ---------------------------------------------------------------------------- |
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I know economics uses game theory, but I'm not sure whether
evolutionary game theory has caught on. This came up in a thread on wedtech, so I thought I'd pass it along: > I'm reading this: > Game Theory Evolving by Herbert Gintis > http://tinyurl.com/z22cj > I like it because it looks at game theory in the context of change, > thus fits the complexity world well. -- Owen Owen Densmore http://backspaces.net - http://redfish.com - http://friam.org On Jul 26, 2006, at 1:28 PM, Russell Standish wrote: > Like anything in the mainstream press, tantalisingly short on > detail. I argued back in 1996 that Economics needs to take on an > evolutionary outlook in a paper that was ultimately published in > 2000. Indeed, I used the same Mashallian quote mentioned in the > article: > > Standish, R.K. (2000) ``The Role of Innovation within Economics'', in > Commerce, Complexity and Evolution, Barnett, W. et al (eds) (Cambridge > University Press, New York), pp61-79. arXiv:nlin.AO/0007005 > > The reason why evolutionary economics has not taken off that much is > that not enough bright minds are focussed on the problem, and > economics is not the same as biology - excessive use of analogy > actually clouds understanding. > > On Tue, Jul 25, 2006 at 06:40:29PM -0600, Tom Johnson wrote: >> Of interest to the list, I hope. >>> From the current issue of The Economist: >> The Cambrian age of >> economics<http://www.economist.com/finance/displaystory.cfm? >> story_id=7189617> >> Evolutionary economics is surviving, but not thriving >> >> http://www.economist.com/finance/displaystory.cfm?story_id=7189617 >> >> -- tj >> >> ========================================== >> J. T. Johnson >> Institute for Analytic Journalism -- Santa Fe, NM USA >> www.analyticjournalism.com >> 505.577.6482(c) 505.473.9646(h) >> http://www.jtjohnson.com tom at jtjohnson.com >> >> "You never change things by fighting the existing reality. >> To change something, build a new model that makes the >> existing model obsolete." >> -- Buckminster >> Fuller >> ========================================== > >> ============================================================ >> FRIAM Applied Complexity Group listserv >> Meets Fridays 9a-11:30 at cafe at St. John's College >> lectures, archives, unsubscribe, maps at http://www.friam.org > > -- > *PS: A number of people ask me about the attachment to my email, which > is of type "application/pgp-signature". Don't worry, it is not a > virus. It is an electronic signature, that may be used to verify this > email came from me if you have PGP or GPG installed. Otherwise, you > may safely ignore this attachment. > > ---------------------------------------------------------------------- > ------ > A/Prof Russell Standish Phone 8308 3119 (mobile) > Mathematics 0425 253119 (") > UNSW SYDNEY 2052 R.Standish at unsw.edu.au > Australia http:// > parallel.hpc.unsw.edu.au/rks > International prefix +612, Interstate prefix 02 > ---------------------------------------------------------------------- > ------ > > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > lectures, archives, unsubscribe, maps at http://www.friam.org |
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