APPENDIX B

The Roots of Market Structure in Biology and Sociobiology

The Key to Markets: Exchanges

Accepting the basics of our biology, and the growing insights offered by sociobiology, this book builds on the basic insight that exchanges are the indispensable engines driving all transactions of value to living beings.

They are at base, transactions that, repeated, introduce complexity and aspects of systematic operation into an entropic environment. Thus far, they are seen to originate from living or “near-living” creatures. An interesting corollary is that they reduce the amount of chaos or total information in the environment wherein they are found. That reduction of total information allows for the rise of repeatability, persistence, and ...

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