Hayek’s market algorithm is not the road to laissez faire

In a fresh look at 20th-century philosopher-economist Friedrich Hayek, three authors note how the Nobel laureate’s work exemplifies complexity economics. They also show how his political support of laissez faire economic policies needn’t necessarily follow.

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How neurons use crowdsourcing to make decisions

How we make decisions— or, rather, how neurons make decisions for us, is the subject of new research published in Frontiers in Neuroscience. In the study, Bryan Daniels, Jessica Flack, and David Krakauer uncover a two-phase collective decision-making pattern which may suggest a general principle of collective computation.

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