Their goal was to beat the game of roulette and use the proceeds to form a science commune. While still in graduate school, Farmer and his childhood friend Norman Packard formed a group called Eudaemonic Enterprises. Farmer graduated from Stanford University in 1973 with a BS in Physics and went to graduate school at the University of California, Santa Cruz, where he studied physical cosmology under George Blumenthal. Scout activities included searching for an abandoned Spanish goldmine to fund a mission to Mars, a road trip to the Northwest Territories and backcountry camping in the Barranca del Cobre. He was strongly influenced by Tom Ingerson, a young physicist and Boy Scout leader who inspired his interest in science and adventure. Though born in Houston, Texas, Farmer grew up in Silver City, New Mexico.
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During his career he has made important contributions to complex systems, chaos, artificial life, theoretical biology, time series forecasting and econophysics. His current research is on complexity economics, focusing on systemic risk in financial markets and technological progress. Additionally he is an external professor at the Santa Fe Institute.
He is Baillie Gifford Professor of Mathematics at Oxford University, where he is also Director of the Complexity Economics at the Institute for New Economic Thinking at the Oxford Martin School. Doyne Farmer (born 22 June 1952) is an American complex systems scientist and entrepreneur with interests in chaos theory, complexity and econophysics.
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