Complexity Quote by Oliver DeMille
“Indeed, we have reached a level of complexity where simplicity itself is suspect. For example, the simple reality is that jobs migrate to less difficult nations. It's the old Rule of Capital: Capital goes where it is treated well.”
About This Quote
Source Essay: Economic Complexity and Globalization, 2020
Complexity can mask underlying simple economic forces, like capital moving to favorable environments.
In simple terms: Complexity hides simple economic shifts.
Key Takeaway
Recognize simple drivers behind complex systems.
Themes
economics
globalization
complexity
capital flow
Mood
analytical
critical
thoughtful
Type
observational
analytical
When to use this quote
- business strategy
- government policy
- investment decisions
- labor market analysis
Key Concepts
comparative advantage
economic migration
policy impact
Questions to Reflect On
- What simple economic forces are you overlooking?
- How does perceived complexity affect decision making?
A Different Perspective
Complexity may oversimplify nuanced cultural or political factors.
![“[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world... Land, labor, and capital are extremely heterogeneous aggregates, not much better than earth, air, fire, and water.” quote by Kenneth E. Boulding](https://sms4smile.com/quotes/img-quotes/47e/kenneth-e-boulding-3728_air_in-science-any-model-depends-on-a-pre-ch_12383.jpg)
