“…From complex physical systems such as fluid flow and the difficulties of predicting weather, to complex adaptive systems such as the highly diverse and interdependent ecosystems of rainforests, he combines simple, well-known examples - Adam Smith's pin factory, Darwin's comet orchid, and Simon's 'watchmaker' - with an account of the approaches, involving agents and urn models, taken by complexity theory. …”
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“…In testing how such trading institutions work, this research seeks to bring Adam Smith’s trade theory up to the modern day work on market design by such scholars as Vernon Smith, David Porter, Steve Rassenti, and Charles Plott.” …”
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“…These authors maintain a tradition initiated by Joseph Addison, Edmund Burke, Immanuel Kant, and Adam Smith, towering 18th-century figures who adapted the literary sublime first to nature, then to science―though with one crucial difference: religion has been replaced wholly by science. …”
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“…--HTML--><p><span style="font-family:timesnewromanpsmt,serif">The wealth of a nation, as recognized in the past by Adam Smith and others, is its resource base, not its Gross National Product. …”
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