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Okay, let's say that the economic system is unstable [positive feedback by definition] against growth of new modes of economic activity and that delayed feedback and imperfect information lead to overshoot and collapse oscillations of the size of economic sectors instead of logistic growth/contraction.

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Wed Mar 21st, 2007 at 06:02:08 AM EST
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