Now showing items 1-2 of 2
Economics, politics and democracy in the age of credit-rating capitalism
(Sameeksha Trust, 2013-02-02)
Unlike in earlier major economic crises, the current turmoil in the global economy has seen the consolidation of orthodoxy as the dominant paradigm. This essay traces the political economy of change in the current situation ...
Lack of critical slowing down suggests that financial meltdowns are not critical transitions, yet rising variability could signal systemic risk
(Public Library of Science, 2016-01-13)
Complex systems inspired analysis suggests a hypothesis that financial meltdowns are abrupt critical transitions that occur when the system reaches a tipping point. Theoretical and empirical studies on climatic and ecological ...