Monday, September 26, 2011

The technology of economics

In my recent previous posts I have begun to work through the idea that economics as we currently have it is a technology. Curiously, I had to laugh when a recent TED talk featured Niall Ferguson talking about "The 6 killer apps of prosperity". The means of communicating the idea of the institutions critical to a modern economy was to call then apps - ie a technology. It is worth watching.

But the one for me that is real eye opener was this TED talk on algorithms. This is absolutely worth watching.">>" pluginspace="" type="application/x-shockwave-flash" wmode="transparent" bgColor="#ffffff" width="526" height="374" allowFullScreen="true" allowScriptAccess="always" flashvars="vu=;year=2011;theme=to_boldly_go;theme=a_taste_of_tedglobal_2011;theme=new_on_ted_com;theme=what_s_next_in_tech;event=TEDGlobal+2011;tag=Technology;tag=complexity;tag=computers;tag=social+change;&preAdTag=tconf.ted/embed;tile=1;sz=512x288;">

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