Inside Curious Minds

Doyne Farmer on Chaos, Complexity, and the Future of Economics

June 25, 2026

Doyne Farmer on Chaos, Complexity, and the Future of Economics

On Inside Curious Minds with Pavan Mirla, Macrocosm co-founder and Oxford complexity economist J. Doyne Farmer traces his path from beating roulette in Las Vegas and co-founding the Prediction Company to building bottom-up, agent-based models of the global economy. He explains why complex systems demand simulation over equilibrium assumptions, how chaos differs from randomness, and what agent-based modeling reveals about financial crashes, regulation, and the limits of AI for economics.

Watch the full conversation here.