Evolutionary Theory At Work ~ ADAPT
Orgel's Rules are a set of axioms attributed to the evolutionary biologist Lesie Orgel (01/12/1927 - 10/27/2007)
First Rule: "Whenever a spontaneous process is too slow or too inefficient a protein will evolve to speed it up or make it more efficient".
Second Rule: "Evolution is cleverer than you are" .
The second rule expresses the sometimes experienced fact, that "trial and error" strategies are better than centralized intelligent human planning.
Tim Harford, economist and author of Adapt, explains this concept for us...
In The Modular-World*, there's a Time & a Place, a Purpose a Price & a Pace. U Compete U Adapt U Evolve, or U get Repriced, Repackaged or Replaced... Context Matters, Evolution is Modular, and the Band Plays On... In this World as in Business, Sports & The Game of Life, Human Nature is a double agent & often your toughest opponent ~ Welcome to The Modular-World* - The Realm of Complexity Science and Modular-Finance™ ~ Animal Spirits at Work ~ Orgel's Rules in Play ~
- The Modern World
- Modular-Finance Theory
- Twin Peaks
- The ModularWorld
- The MetaWorld
- Complex Adaptive Systems
- The Origin of Complexity Economics
- Complexity and The Financial System
- Systems Thinking
- Orgel's Rules
- Behavioral Finance
- Evolutionary Psychology
- Slothosaurus Rex
- The Next Level...
- Complexity Economics
- Machine Learning
- Big Data
- The Spiky World
- Narrative Economics
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