Is Economics the Next Physical Science

@inproceedings{Farmer2005IsET,
  title={Is Economics the Next Physical Science},
  author={J. Doyne Farmer and Eric Smith and Martin Shubik},
  year={2005}
}
  • J. Doyne Farmer, Eric Smith, Martin Shubik
  • Published 2005
  • Mathematics, Physics, Political Science
  • We review an emerging body of work by physicists addressing questions of economic organization and function. We suggest that, beyond simply employing models familiar from physics to economic observables, remarkable regularities in economic data may suggest parts of social order that can usefully be incorporated into, and in turn can broaden, the conceptual structure of physics. 

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