Ecology

Can we think of the economy as something analogous to natural ecosystems? This thought emerged to my mind on a bear-observation excursion and I immediately started to explore this idea further. I believe that economics and ecology, two seemingly distinct fields, are actually very similar and can tremendously learn from each other. In this article, I will look at the most striking similarities and ideas and argue why I think both sciences study almost the same subject. I will look at properties of both systems and analyse them from top-down, looking at the macro-level first, then diving into what drives the change in both fields and then focusing on the micro-level. ...