How can we understand our complex economy?

[@jbond5834]

starts from 7:30. but a good lecture.

[@lzhfc5647]

the problem with working on financial data is that financial markets is not the real economy. in the real economy uncertainties may not play as an important role, while expectations may go beyond reasonable in financial markets. theories that work in financial markets may not applicable with the real economy.

[@chandlertwilson6652]

there are other datas e.g. OSINT, or search trends that can be used to proxy the error not accounted for within financial markets. The key thing is to get and harmonize everything.

[@lzhfc5647]

there's some misunderstandings with the speaker about complexity of the financial markets. financial crisis by definition means the market crashed, while with complexity the market can evolve but never crash.

[@capitanmission]

Im a student of complexity, so the talk is really helpful, but I seriously doubt some claims, like when he says that the investment on polar research is equal to the economic one, cmon. some empirical data?

[@alexeyvyakhorev171]

Very promising!

[@bytrixx6901]

._.XD