The Radford Free Press – Page 46 – All life is problem solving.

Commentary, Economics / algorithms, Allison Stanger, artificial intelligence, big data, complexity, democracy, Facebook, Santa Fe /

AI and Democracy

February 22, 2021

Just a quick thought prompted by my reading of a talk given by Allison Stanger during the Santa Fe Institute’s 2019 Fall symposium. First she gives us a nice quote from Hannah Arendt’s “The Human Condition” who says the question is not … “whether we are the masters or slaves of our machines, but whether machines still serve the […]

Economics / business firms, complexity, Douglass North, economic theory, institutions /

Complexity, Institutions and Firms

February 18, 2021

Are they associated? We all know that one of the central problems of economics is the existence of uncertainty. At least since Frank Knight’s work in the 1920s, uncertainty has been something of concern to economists. Knight’s description of uncertainty as being a condition in which no probability distribution existed, or could exist, has led […]

Commentary / Design, Hidalgo, information, Shannon, Weaver /

Information Take Two

February 16, 2021

Keeping the conversation going. Let’s start with Shannon, from his personal papers published in 1993 … “The word ‘information’ has been given different meanings by various writers in the general field of information theory. It is likely that at least a number of these will prove sufficiently useful in certain applications to deserve further study and permanent recognition. It is […]