Laws of Chaos: A Probabilistic Approach to Political Economy

October 31, 2020
Laws of Chaos: A Probabilistic Approach to Political Economy

A defining work of Econophysics, republished for the first timesince 1983, Laws of Chaos is an attempt to construct anon-deterministic theoretical framework for the foundations ofpolitical economy. It relies on probabilistic and statisticalmethods of the kind used in the modern foundations of several othersciences, introducing scientific modelling into economics for thefirst time.

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