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The word "order" evokes images of top-down structure and planning. Yet, in the absence of central control, economies almost seem to operate like machines — a concept economists call "emergent order." How do systems of order emerge? And how can we benefit from the unplanned organization they create? Today, Neil Chilson joins "Political Economy" to explain the concept of emergent order and describe how it can inform everything from leadership to policymaking.
Neil is a senior research fellow for technology and innovation at the Charles Koch Institute and the author of Getting Out of Control: Emergent Leadership in a Complex World.
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The word "order" evokes images of top-down structure and planning. Yet, in the absence of central control, economies almost seem to operate like machines — a concept economists call "emergent order." How do systems of order emerge? And how can we benefit from the unplanned organization they create? Today, Neil Chilson joins "Political Economy" to explain the concept of emergent order and describe how it can inform everything from leadership to policymaking.
Neil is a senior research fellow for technology and innovation at the Charles Koch Institute and the author of Getting Out of Control: Emergent Leadership in a Complex World.
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