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networked economy

Why Standard Economic Models Don't Work: Our Economy is a Network

June 28, 2014 by Gail Tverberg
2

Networked Economy

The story of energy and the economy seems to be an obvious common sense one: some sources of energy are becoming scarce or overly polluting, so we need to develop new ones. The new ones may be more expensive, but the world will adapt. Prices will rise and people will learn to do more with less.[read more]