John Holland's work has combined what appears to be a complicated but technical contribution to giving approximate solutions for a class of difficult problems with a deepening of our understanding of the way we all do induction, of how the experience of the world modifies and improves our behavior and our decisions. Such a comprehension necessarily alters the viewpoint of the behavioral sciences. In this chapter, I want to concentrate on some of the already apparent ways in which he has altered our understanding of the complex dynamic system that constitutes the economic world. Of course, the genetic algorithm can be and has been used as a means of solving hard problems in economic analysis, as in any other field. That is, it is an aid to the analyst, and a powerful one. I want, however, to emphasize the second aspect of Holland's work, the implications of the genetic algorithm as a description of human problem-solving behavior in a complicated world. The economic world is complicated partly because it depends on the physical and biological world which governs the techniques of production. More interestingly, though, the economic world is complicated because the individuals in it are interacting through markets. It is an old observation among economists, going back to Adam Smith's observation of the invisible hand, that economic events are the results of human actions but are not necessarily an achievement of human intentions. In the murk of the economic world, individuals have to act. They have to make choices as to what they will consume, how much they will save, what goods they will produce and how they will produce them, and then what investments they will make. They make these choices with a view to their consequences, personal satisfaction today or in their future or the satisfaction of their heirs, the profits to be made now or in the future by producing goods, and the returns on their investments. These choices have an important time dimension; people and many of the things they buy, make, or sell last, and the outcomes of current decisions depend on events which will occur in the future. The life of the decisionmaker is uncertain, so is his or her health.