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Humans have experimented with very diverse types of economic systems the last tens of thousands of years, and in all cases we have evidence of, there are recurr
by kqr 5y ago
Humans have experimented with very diverse types of economic systems the last tens of thousands of years, and in all cases we have evidence of, there are recurring periods that could reasonably be called crashes.
Some of the fundamentals make that hard to avoid, I suppose: natural events and people's tendency to self-reinforce behaviour within their groups.