Archive for May 13th, 2009
Daily Archive
Wednesday, May 13th, 2009
The Collapse of Complex Societies
Joseph Tainter’s The Collapse of Complex Societies epitomizes what I think has been a fundamental reason behind the decay of the economy. Tainter’s theory is that as societies become more complex, the costs of meeting new challenges increase, until there comes a point where extra resources devoted to meeting new challenges produce diminishing and negative […]