Remove Chaos Theory Remove Hedge Remove Power
article thumbnail

Is Economics Ready for a New Model?

Harvard Business Review

Summers, meanwhile, is the second most powerful economic official in the U.S. The other big idea in the 1988 article was chaos theory. Doyne Farmer , a Los-Alamos-National-Laboratory-scientist-turned-hedge-fund-manager-turned-Santa-Fe-Institute-professor, has bent over backwards not to be ignorant and arrogant about economics.