Wednesday, April 16, 2008

AR: The specialization trap

The specialization trap
One of the lessons of history is that the advantages of economic specialization and centralization are paid for by drastic risks when a society enters the downslope of its history. Our society, more specialized and centralized than any before it, faces more extreme risks -- but there are steps that can be taken to counter those risks, if we choose to take them.
published April 15, 2008.


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