Written by John Lounsbury
Econintersect: Chaos is order out of disorder, and order out of non-linearity. When there is agreement within a system, the more complex a system, the better a bottom up/emergent organizational structure handles the diversity. Chaos theory has determined that knowing everything about the state of a complex system at any moment does not allow accurate prediction of the future of that system. The same is true on many relatively simple systems. This excellent video explains just how chaos rules our world.
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Many examples of chaos exist in classical physics, including failures of Newtonian mechanics in the case of expanding to a system as simple as just three bodies.
Source: YouTube
