Sunday, August 14, 2016

Doyne Farmer interview on economic modeling

Doyne Farmer is quite a critic of mainstream economics:

When you think about it, though, now that we're in the 21st century and everyone has a super-powered computer on their desktop, why shouldn't economics do complicated agent-based modeling? That seems to me to be just a 21st-century way of developing microfoundations.

Anyway, I'm taking a 3rd-year modeling class from the math department this fall because this is the sort of thing I'd like to get into.

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