David Orrell - Complex Quotes

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Perfect order is boring, perfect randomness is boring, but complex systems are interesting.

David Orrell

The invisible hand is an emergent property of this system, which never reaches an optimal equilibrium, but instead is fundamentally dynamic and unstable, with complex effects on society.

David Orrell

Adam Smith's invisible hand does exist, but as an emergent property of a complex system. It has a fuzzy tendency to reduce big price discrepancies, but it acts in a rather haphazard way.

David Orrell