Just listened to this on a flight today. Always great to get your
perspective, Eric!

https://www.jimruttshow.com/eric-smith/

Multidimensional thinker Eric Smith has a wide-ranging talk with Jim about
the origins of life, monetary systems, language & sustainability. Eric
starts by sharing how geochemistry informs the origin of life topic, the
dynamics of autocatalytic processes, how little we know about biological
systems & what this might tell us about the Fermi paradox
<https://en.wikipedia.org/wiki/Fermi_paradox>. The conversation then goes
into the importance of institutions & a dynamic perspective on monetary
systems, the subprime mortgage crisis, money substitutes & crypto. They
then finish this chat by talking about Eric’s interest in linguistics &
what it can learn from modern probability, key areas of focus for ecosystem
sustainability, the challenge of reconciling ‘small local’ & ‘global
policy’ approaches to sustainability, the role of civil society, and much
more.

Episode Transcript
<https://jimruttshow.blubrry.net/the-jim-rutt-show-transcripts/transcript-of-episode-40-eric-smith-on-the-physics-of-living-systems/>

*Mentions & Recommendations*

   - Eric’s book, *The Origin and Nature of Life on Earth*
   
<https://www.goodreads.com/book/show/26598904-the-origin-and-nature-of-life-on-earth>
   - *The Theory of Money and Financial Institutions* by Martin Shubik
   
<https://www.goodreads.com/book/show/2708135-the-theory-of-money-and-financial-institutions>
   - *Slapped by the Invisible Hand: The Panic of 2007* by Gary Gorton
   <https://www.goodreads.com/book/show/7478879-slapped-by-the-invisible-hand>
   - *Stabilizing an Unstable Economy* by Hyman Minsky
   <https://www.goodreads.com/book/show/5140563-stabilizing-an-unstable-economy>
   - Jim’s talk on Dividend Money <https://youtu.be/Qyy3glEu8X0>
   - Linas Vepstas on Learning Language… <https://arxiv.org/abs/1401.3372>
   - *Blessed Unrest* by Paul Hawken
   <https://www.goodreads.com/book/show/89998.Blessed_Unrest>
   - FRONTLINE Doc, In the Age of AI <https://youtu.be/5dZ_lvDgevk>

D. Eric Smith received the Bachelor of Science in Physics and Mathematics
from the California Institute of Technology in 1987, and a Ph.D. in Physics
from The University of Texas at Austin in 1993, with a dissertation on
problems in string theory and high-temperature superconductivity. From 1993
to 2000 he worked in physical, nonlinear, and statistical acoustics at the
Applied Research Labs: U. T. Austin, and at the Los Alamos National
Laboratory. From 2000 he has worked at the Santa Fe Institute on problems
of self-organization in thermal, chemical, and biological systems. A focus
of his current work is the statistical mechanics of the transition from the
geochemistry of the early earth to the first levels of biological
organization, with some emphasis on the emergence of the metabolic network.
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