Sublime

foundations were laid in Victorian times. Now it is changing radically. Standard economics is suddenly being challenged by a number of new approaches: behavioral economics, neuroeconomics, new institutional economics. One of the new approaches came to life at the Santa Fe Institute: complexity economics.

society with channels of feedback that maximize human flourishing will have mechanisms in place,

This circular expansion of both problems and solutions hides a steady accumulation of small net benefits over time.

the laboratory already intuit that most ideas don’t pan out, and those that do sometimes result from chance or charitable interpretations. Conversely, they also recognize that replicability means they’re really onto something.

What is it that we are making with our question-and-answer machine? Our society is moving away from the rigid order of hierarchy toward the fluidity of decentralization. It is moving from nouns to verbs, from tangible products to intangible becomings. From fixed media to messy remixed media. From stores to flows. And the value engine is moving from

One quirk of networked books is that they are never done, or rather that they become streams of words rather than monuments.