Ch 8 of ‘New Rules for the New Economy’

“Innovation is disruption; constant innovation is perpetual disruption. This seems to be the goal of a well-made network: to sustain a perpetual disequilibrium. A few economists studying the new economy (among them Paul Romer and Brian Arthur) have come to similar conclusions. Their work suggests that robust growth sustains itself by poising on the edge of constant chaos. ‘If I have had a constant purpose it is to show that transformation, change, and messiness are natural in the economy,’ writes Arthur.” (Thanks Noise Between Stations!)