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The Self Organizing Economy

Download or Read eBook The Self Organizing Economy PDF written by Paul Krugman and published by John Wiley & Sons. This book was released on 1996-04-11 with total page 133 pages. Available in PDF, EPUB and Kindle.
The Self Organizing Economy
Author :
Publisher : John Wiley & Sons
Total Pages : 133
Release :
ISBN-10 : 9781557866981
ISBN-13 : 1557866988
Rating : 4/5 (81 Downloads)

Book Synopsis The Self Organizing Economy by : Paul Krugman

Book excerpt: The Self-Organizing Economy In the last few years the concept of self-organizing systems—complex systems in which randomness and chaos seem spontaneously to evolve into unexpected order—has linked together researchers in many fields, from artificial intelligence to chemistry, from evolution to geology. Now leading economist Paul Krugman shows how principles that explain the growth of hurricanes and embryos can also explain the formation of cities and business cycles; how the same principles of “order from random growth” can explain the strangely simple rules that describe the sizes of earthquakes, meteorites, and metropolitan areas. Weaving together strands from many disciplines, from location theory to biology, The Self-Organizing Economy offers a surprising new view of how the economy structures itself in space and time.


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