Monday, August 31, 2015

Izabella Kaminska — Scaling and why it matters


Not enough attention is paid to scale. Scaling is the basis of civilization. As Roger Erickson has pointed out, it is also the basis of evolution. Dizzy calls our attention to it with respect to the push for decentralization and sharing. Descaling won't work, especially in a capitalistic system in which there are economies of scale.

Dizzynomics
Scaling and why it matters
Izabella Kaminska

4 comments:

Philippe said...

Really in depth MMT/functional finance article from Jesse Livermore:

http://www.philosophicaleconomics.com/

Tom Hickey said...

Thanks. Promoted.

Bob said...

Higher energy costs would put an end to some of these imagined 'economies of scale'.

Ignacio said...

And would put an end to capitalism as we know it too...