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Geoffrey West: Government Needs More Scientists, Fewer Economists

4,110 views · Published 13 August 2011 · 3:56 · Indexed 20 October 2026

Channel: FORA.tv · 2011 · News & Politics

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Complete video at: http://fora.tv/2011/07/25/Why_Cities_Grow_Corporations_Die_and_Life_Gets_Faster

Theoretical physicist Geoffrey B. West offers his view on TARP bailouts for "too big to fail" banks, and on the general state of scientific thinking in government. "The people making decisions rarely talk to scientists," says West. "They do talk to economists, which may be the problem."

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Why Cities Keep on Growing, Corporations Always Die, and Life Gets Faster

As organisms, cities, and companies scale up, they all gain in efficiency, but then they vary. The bigger an organism, the slower. Yet the bigger a city is, the faster it runs. And cities are structurally immortal, while corporations are structurally doomed. Scaling up always creates new problems; cities can innovate faster than the problems indefinitely, while corporations cannot.

These revolutionary findings come from Geoffrey West's examination of vast quantities of data on the metabolic/economic behavior of organisms and organizations. A theoretical physicist, West was president of Santa Fe Institute from 2005 to 2009 and founded the high energy physics group at Los Alamos National Laboratory. - The Long Now Foundation

Geoffrey West (b. 1940) is a physicist. He was born in a rural town in western England and moved to London when he was 13. He received a bachelor's degree in physics from Cambridge and pursued graduate studies in California at Stanford. He eventually became a Stanford faculty member before he joined the particle theory group at New Mexico's Los Alamos National Laboratory. 

After Los Alamos, he became president of the Santa Fe Institute, where he works on biological issues (such as power laws in biology such as the allometric law). He has since been honored as one of Time magazine's "Time 100."

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