We review an emerging body of work by physicists addressing questions of economic organization and function. We suggest that, beyond simply employing models familiar from physics to economic observables, remarkable regularities in economic data may suggest parts of social order that can usefully be incorporated into, and in turn can broaden, the conceptual structure of physics.
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Length: 9 pages Date of creation: Jun 2005 Date of revision: Publication status: Published in Physics Today (September 2005), 37-42 Handle: RePEc:cwl:cwldpp:1520
Find related papers by JEL classification: B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other C00 - Mathematical and Quantitative Methods - - General - - - General G00 - Financial Economics - - General - - - General
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