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  • AN ECOSYSTEM APPROACH TO ECONOMIC STABILIZATION
    ebook
    AN ECOSYSTEM APPROACH TO ECONOMIC STABILIZATION
    RODRICK WALLACE
    The creation of economic institutions that can function well under substantial uncertainties -- Black Swans -- is analogous to the dilemmas confronting our hunter-gatherer forefathers in the face of large-scale ecological unpredictability. The ultimate solution was not the development of a super hunter-gatherer technology that could ride out repeated catastrophe, but rather the...

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