- welcome Professor Scott. E Page, Ph. D., of the University of Michigan, to episode 200 of the show
- he currently teaches complex systems, computer science, and economics
- also has taught an online course to initially 60000 people, and then a million people in its second iteration
- on this episode, we discussed his career, many of the models presented in the book, and some applications of them in this world
- many-models approach to modeling, that helps prevent modeling gaps
- Markov models and their ability to represent an equilibrium state, with percentages representing transfer from one state to another
- the impact of diversity on complex systems, which has been a large part of Professor Page’s focus, also in his earlier books The Diversity [Bonus] and Diversity and Complexity
- how socioeconomic status is more likely to continue at the lower and upper bounds than for middle class folks, though they are 50% likely
- discussion about entropy as representation of uncertainty, and how it differs from variance equitability of options
- the Matthew effect of some support for something causing more support for it, causing a snowball
- opioid models, and some of the issues with their treatment
- we covered other topics not listed here, and it was great to speak with Professor Page about his material, which I am also interested in
- you can check out The Model Thinker on Amazon, look at Professor Page’s Michigan webpage, or look at a listing of all his books.
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