Saturday, December 30, 2006

The reading of Beinhocker is ahead of schedule.

I have now made this week's reading goal by reaching page 99 of the Beinhocker book and have read the first four chapters. I have one day to spare so this book will be put aside for a day. Here is the general cite and brief comment.
Beinhocker, Eric D. The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics (Boston, Mass: Harvard Business School, 2006).
The first three chapters are part I and I have read this completely now. I have read the first chapter in part II which is chapter four. This fourth chapter reviews an experiment in economics called Sugarscape. The experiment was performed by Joshua Epstein and Robert Axtell in 1995. This experiment simulates a number of microeconomic variables and the results are used by Eric Beinhocker to disprove some traditional economic theories. He also uses this chapter as his introduction and summary of complexity economics which is what the remainder of the book will cover.

No comments: