Re; burning questions. More on the concept of emergence

1994-07-06 Thread Hans Ehrbar
I'd like the add to the latest posting from Carla Feldpausch. The concept of emergence plays a key role in Roy Bhaskar's critical realism. In his latest book "Dialectic: the Pulse of Freedom," Verso 1993, Bhaskar writes on p. 49: In emergence, generally, new beings (entities, structures, totali

Re; burning questions. More on the concept of emergence

1994-07-06 Thread Hans Ehrbar
I'd like the add to the latest posting from Carla Feldpausch. The concept of emergence plays a key role in Roy Bhaskar's critical realism. In his latest book "Dialectic: the Pulse of Freedom," Verso 1993, Bhaskar writes on p. 49: In emergence, generally, new beings (entities, structures, totali

Re: Burning questions

1994-07-06 Thread carla feldpausch
I was just mentioning an interesting breakthrough in computer simulation in the field of complexity theory (you know, chaos theory?). When John Holland ran that simulation, he had a bet going with Thomas Sargent about whether or not Holland's adaptive learning computer agents would learn to specu

Re: Burning questions

1994-07-05 Thread Doug Henwood
You can model just about anything on a computer, from amebic life to urban life. Why should bubbles be any different? Why do you need a computer to tell you that private "rationality" can yield public irrationality? Does the modeling enlighten more than plain English prose, or does it just len

Re: Burning questions

1994-07-05 Thread carla feldpausch
On hyperinflation, if you look at the modeling that John Holland is doing on speculative bubbles in the stock market in complexity theory, you get an intriguing start on looking at hyperinflation in a new way. Complexity theorists are currently working on models that show how assumptions of rat

Burning questions

1994-07-05 Thread Doug Henwood
Questions on two unrelated topics. 1) The IMF has been circulating the assertion that the yield curve is a good predictor of GDP growth in the G-7 countries. This expands on earlier work showing the same for the US (references available on request). The formal assertion is an article by Zuliu