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In the last few years the concept of self-organizing
systems -- complex systems in which randomness and chaos
seem spontaneously to evolve into unexpected order -- has
linked together researchers in many fields, from artificial
intelligence to chemistry, from evolution to geology. Now
leading economist Paul Krugman shows how principles that
explain the growth of hurricanes and embryos can also explain
the formation of cities and business cycles; how the same
principles of order from random growth can explain the strangely
simple rules that describe the sizes of earthquakes, meteorites,
and metropolitan areas. Weaving together strands from many
disciplines, from location theory to biology, The Self-Organizing
Economy offers a surprising new view of how the economy
structures itself in space and time.
Paul Krugman is one of the world's leading
economists. He has served on the President's Council of
Economic Advisors and is currently a professor of economics
at Stanford University. In recognition of his research on
international trade and finance, in 1991 the American Economic
Association gave him its John Bates Clark medal, an award
given every two years to the best American economist under
40. He has written numerous books for both academic audiences
and the broader public, and delivers lectures around the
world.
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