Why is Resilience (in economics) such a difficult concept to grasp?
Resilience, put in layman’s terms, is the capacity to withstand shocks, or impacts. For an engineers it a very usefulContinue Reading
Tag: entropy
In Math We Trust. That is Precisely the Problem.
The economy is a dynamic system which is far too complex for us to understand. Human nature is extremely complexContinue Reading
How Complex is the World? We’ve Measured It.
Using annual data from the World Bank, spanning the last 5 decades, we have computed the complexity of the WorldContinue Reading
The Principle of Fragility
The following equation, which we call the Principle of Fragility, has been coined by Ontonix in early 2005 and indicatesContinue Reading
Artificial Intuition 