I think maybe a key mistake economists make regularly is equating an equilibrium... | Hacker News

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		bandushrew on Dec 7, 2011 \| parent \| context \| favorite \| on: Mandelbrot Beats Economics in Fathoming Markets I think maybe a key mistake economists make regularly is equating an equilibrium with a lack of change. In nature stability - on average - is often achieved by matching peaks and troughs, not by a lack of change (nature abhors a lack of change) (see vacuum fluctuations)

VladRussian on Dec 7, 2011 | [–]

>In nature stability

or at least in somewhat understandable models beyond simple linear ones:

http://mathworld.wolfram.com/StrangeAttractor.html

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