fat-tailed distributions, not normal distributions, are typical within complex systems, both natural and human, and we all live and work within increasingly complex systems, which means increasingly interdependent systems. Cities and towns are complex systems. Markets are complex systems. Energy production and distribution are complex systems. Manufacturing and transportation are complex systems. Debt is a complex system. So are viruses. And climate change. And globalization. On and on the list goes. If your project is ambitious and depends on other people and many parts, it is all but certain
...more

