Author name: Ole Peters

Physicist. Program Lead for Ergodicity Economics, London Mathematical Laboratory. External Professor, Santa Fe Institute. https://twitter.com/ole_b_peters

Concepts, History

Gas in a box or nuclear explosion?

This post is about mindset, culture, implicit assumptions. The big assumption in neoclassical economics is ergodicity, or equilibrium, or stationarity, or stability — basically the idea that nothing ever changes […]

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