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> economics thru the lenses of chaos theory, control theory, or cybernetics? I'm looking too. In my mind this is absolutely the way to look at the macroeconomi
by jbay808 5y ago
> economics thru the lenses of chaos theory, control theory, or cybernetics?
I'm looking too. In my mind this is absolutely the way to look at the macroeconomic landscape, and as a control theorist, I don't like what I see, which is a widespread lack of respect for delayed responses and positive feedback loops.
I'll evaluate what hope we have for stability once I see the control being executed sensibly.