A theory T is stable if it does not encode an infinite linear order on a definable set (the 'combinatorial complexity' is bounded). Stability theory, developed by Shelah, classifies complete theories by complexity. Stable theories have good properties: elementary extensions exist, saturated models of any size exist, and model-theoretic study simplifies dramatically. Most 'natural' theories (ACF, simple groups) are stable.
From your work on type spaces and Stone topology, you know that a type p(x) over a set A is a maximal consistent set of formulas with parameter from A, and that the space S(A) of all types carries a natural topology making it a Stone (compact, Hausdorff, totally disconnected) space. Type spaces measure the "complexity" of a theory: a theory with very many types over every parameter set is hard to analyze, while one with few types is tractable. Stability makes this intuition precise.
A theory T is stable if for every infinite cardinal λ, the number of types over any set A of size λ is at most λ — that is, |S(A)| ≤ |A| for all sufficiently large A. Compare this to an unstable theory: in the theory of dense linear orders (ℚ, <), for any set A, you can find 2^|A| many types over A (one for each Dedekind cut). The linear order allows types to encode unboundedly many distinctions. Shelah's insight was that the presence or absence of a definable linear order is the key diagnostic: a theory is unstable precisely when some formula φ(x, y) defines a linear order on a definable set (the order property).
The payoff for stability is substantial. In a stable theory, the type space S(A) is compact and relatively small, which means you can analyze models systematically. Saturated models — models that realize all types over small subsets — exist in every uncountable cardinality. The theory of prime and saturated models is clean: there is essentially one saturated model of each uncountable size (up to isomorphism), giving a level of control over model structure unavailable in unstable theories. Elementary submodel relationships become tractable, and you can meaningfully talk about "the" model of size κ in a categorical way.
Examples help calibrate intuition. The theory ACF of algebraically closed fields is stable — in fact, it is strongly minimal, the lowest rung of the stability hierarchy, where every definable set is either finite or cofinite. The complete theory of the integers under successor is superstable (a stronger form of stability). The theory of dense linear orders without endpoints is unstable — it has the order property. The theory of the random graph (the Rado graph) is a simple theory, which generalizes stability by relaxing the forking symmetry axioms. Understanding where a theory sits in this landscape — stable, superstable, ω-stable, strongly minimal — tells you which model-theoretic tools apply and how complex the definable geometry of the structure is.