My view on the "four C's" is laid out in my Journal of Economic Perspectives, 1999, article, "On the Complexity of Complex Economic Dynamics," which can be seen on my website, with a much more thorough discussion in the book I have already mentioned. Briefly, there were indeed "intellectual bubbles" regarding cybernetics, catastrophe theory, chaos theory, and complexity theory, which rose and then fell. However, this does not mean that therefore the ideas of the theories were wrong or misguided. Indeed, I argue that there is a clear intellectual link between them and that they are all part of the "broad tent complexity" view that is becoming increasingly dominant and important, not less so. The chaoplexologists should accept the designation, just as impressionist painters accepted that designation from a critic. I have recently addressed this business of fads more directly in my paper, "The Rise and Fall of Catastrophe Theory Applications in Economics: Was the Baby Thrown out with the Bathwater?" to which the quick answer is "yes." It is also on my website. Critics like Horgan thought that they were really doing in the later C's by pointing out what happened to cat theory. But it is back big time. The collapse of the intellectual bubble overshot in the other direction and the baby was indeed thrown out with the bathwater. As editor of a journal that is a major outlet for this kind of stuff I see lots of papers using chaos theory in a more or less "normal science" way, to use Kuhnian terminology. The term "complex" is currently being less used, hence maybe was a fad. However, I see lots of papers, many of them very interesting and challenging, that use the methods and techniques of the newer ("small tent") complexity theory. It is very much alive, but more in its multiple and distinct versions and parts rather than as some big whole. The very variety of definitions of complexity almost guarantees this. The term "catastrophe theory" has essentially been purged. The current papers using it speak of Skiba points or multiple equilibria, with some authors consciously avoiding the term because they know using it will damage their prospects of publishing their papers. The term "cybernetics" has also largely disappeared, although many of its ideas were folded directly into the modern "small tent" complexity theory where it essentially survives. Barkley Rosser http://cob.jmu.edu/rosserjb
----- Original Message ----- From: "Sabri Oncu" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, June 17, 2003 7:58 PM Subject: Re: [PEN-L] Complexity Chris: > On the basis of one hundred years of western mathematics > chaos theory has produced something as mystical as the > Mandelbrot set. It also produces that heart stopping > moment for all of us, when we learn that the cardiac > rhythm is not actually mechanically totally regular, > but is in a pattern which conforms to chaos theory. Hi Chris, I happen to believe that mathematics is neither western nor eastern but a common product of all humanity. A very powerful tool that we humans have developed and something that I am deeply in love with. However, I also happen to believe as Horgan does, whom Barkley quoted in his article, that the concept of "complexity" more generally, not just in economics, as just the latest in a string of fads, "the four C's." Complexity is one of them and chaos is another. Because it was very fashionable when I was a graduate student, I read a few books about chaos. Reading a few books on chaos or any mathematical subject for that matter doesn't mean much because you don't learn mathematics simply by reading books and agreeing with their authors, at least, to my experience. You have to work out the details and try to solve some problems, some of which, preferably, are problems that you yourself formulated. As I told Barkley, I don't know anything about complexity and because of that, "complexity" is a fad is just a belief of mine. I have no proof of the proposition that "complexity" is a fad, if it can be proved, in the first place. We will see, or, at least, I need learn more about it to make my subjective judgment about "complexity". However, with what I know about chaos, and it is not much, mind you, my subjective judgment is that "chaos" is a fad as "topology" was once to "mathematical analysis" or "game theory" was to "economics". I am your average neighborhood mathematician so this is not a big deal. However, some mathematicians are mistakes of God, as John Von Neumann was, and I happen to know one such mistake, a childhood friend of mine. He once said this, in exaggeration, maybe: all this chaos theory does is proving the "non-existence" of the solutions of this or that nonlinear dynamical problem. What kind of mathematics is that? As mathematicians, aren't we supposed to solve some problems? Best, Sabri