
Buy the book here : https://www.penguin.co.uk/books/284357/making-sense-of-chaos-by-farmer-j-doyne/9780241201978
Some thoughts about the book ideas
In black , points from the book that i’ve summarized the best i could ; in blue are my thoughts . They are the musings of an interested laymen so should be taken with a grain of salt.
- Also, click the triangles to open/close sections.
Outline
Introduction
PART I : WHAT IS COMPLEXITY ECONOMICS?
1 What is a complex system?
2 The Economy is a Complex System
3 Understanding the Metabolism of Civilization
4 How Simulations Help Us Understand the Economy
Part II : Standard ↔ Complexity Economics
5 A Lightning summary of conventional economics
6 How to model an uncertain and complicated economy
7 Why is the economy always changing?
Part III : The Financial System
8 Inefficient Markets
9 The Self-Referential Market