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2026-02-12 15:03:22 UTC

CelloMom On Cars on Nostr: "The Idea: an economic model of the world in which every company is individually ...

"The Idea: an economic model of the world in which every company is individually represented, making realistic decisions that change as the economy changes.

The new complexity models solve two fundamental problems with mainstream economic models. The first is that the existing models assume economic actors make perfect, rational decisions. 

The second is that they are assumed to be in equilibrium. But the real world is far from in equilibrium."

https://www.theguardian.com/environment/2026/feb/12/economics-climate-crisis-complexity-scientist-plan