Steve Keen's Art Critique - Berlin 2012

The video explores the speaker's perspective on modern art, emphasizing the complexity of understanding art without prior involvement in its creation. It delves into fractal installations and chaotic patterns, highlighting the beauty in chaos. The discussion transitions to chaotic systems, distinguishing between dissipative and conservative systems, and critiques the frequent misapplication of conservative models in economics.

How does the speaker relate chaos to the understanding of art installations?

What misconception do economists have regarding chaotic systems as mentioned in the text?