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Moreover, technological change changes the complexity of the system, so "oscillations around a mean" only make sense between one technological innovation and the next.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Sat Jun 7th, 2008 at 07:04:42 AM EST
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