Multiple aspects of an economy can be regulated, tampered with, or left to chance.Economic actors can exploit these degrees of freedom, at a cost, to bend the flow of wealth in their favor.If intervention becomes widespread, microeconomic strategies of different actors can build into emergent macroeconomic effects.
How viable is a “rigged” economy? How do growing economic complexity and wealth affect it? We study rigged economies Wall Oven with a toy model.In it, economic degrees of freedom progress from minority to coordination Suction Therapy Accessories games as intervention increases.Growing economic complexity spontaneously defuses cartels.
But excessive complexity leads to large-fluctuations regimes, threatening the system’s stability.Simulations suggest that wealth must grow faster than linearly with economic complexity to avoid this regime and keep economies viable in the long run.We discuss a real-case scenario of multiple economic actors coordinated to result in an emergent upset of the stock market.