Stability in Complex Financial Systems - Lessons from Ecology - Lecture 2

Explore the concept of stability in modern complex financial systems through this insightful lecture by Robert May, Baron May of Oxford. Delve into the economic crisis and its implications as May, a Professor of Zoology at Oxford University and Imperial College, examines the design of financial services. Discover how to create efficient capital distribution in a free-market system while avoiding the fragility and hidden costs of current structures. Learn valuable lessons from ecology and their applications to the banking sector. Gain a unique perspective on financial stability from this 1-hour 18-minute presentation, part of the 2012 Stanislaw Ulam Memorial Lectures at the Santa Fe Institute.