Conal Elliott

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In fact, wrote Prigogine in one article, it’s conceivable that the economy is a self-organizing system, in which market structures are spontaneously organized by such things as the demand for labor and the demand for goods and services. Arthur sat up immediately when he read those words. “The economy is a self-organizing system.” That was it! That was precisely what he had been thinking ever since he’d read The Eighth Day of Creation, although he hadn’t known how to articulate it. Prigogine’s principle of self-organization, the spontaneous dynamics of living systems—now Arthur could finally ...more
Complexity: The Emerging Science at the Edge of Order and Chaos
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