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Seeing Like a State: How Tops-Down Management Styles Create Disaster in Complex Systems | William Hurst

Work For Humans

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Is There a Boom in the Economy?

The economy is cyclical. You can't have an endless boom by constantly stimulating demand. There has to be some point at which boom recedes. The great boom of the Chinese economy that goes from about 1994 to about 2008 really couldn't have happened without monetary reform.

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