The Surprising Math Of Cities And Corporations
Wednesday, August 3, 2011 - 04:20
in Mathematics & Economics
The quality of TED talks is in free fall and has gotten only worse since the last time I mentioned this. So it is worth to point to a rare good presentation whenever one comes along.Geoffrey West’s The Surprising Math Of Cities And Corporations shows nicely how other than biological systems, namely cities and corporations, undergo similar evolutionary shaping by natural selection, even though they do not necessarily die or go through generations. Therefore, they can be described and their development somewhat predicted with simple scaling laws, which is something a physicists always finds endearing.read more