systems | complexity | second-order effects
When something changes in financial value quickly, unintended consequences abound. When this change happens at scale, affecting many people, the consequences are even more extreme. These changes impact supply and demand and social change around the world.
Let’s look at some examples of value change causing havoc. This week I’m intentionally (well, almost entirely) not writing about the topic you can’t escape.
Continue reading “Changes in Value (Part 1)”
Long-time readers of this blog know that I wrote about how disease spreads several times well before the recent coronavirus news. And then I wrote three posts on that. I’m hardly alone in my interest on this topic.
But apart from what we’re going through now, infectious diseases generally don’t get as much attention as I think they deserve. In terms of unintended consequences, I’m interested in the impact of disease on human decision making and where things went wrong, or well, in the past. As for the potential impact of COVID-19 in the near-term, some minds are changing in the midst of political, business, social, and educational impact.
And then there is the look back in history. When I recently learned the story of a European plague year’s impact on Dutch “tulipmania,” the modern and historical protective images intrigued me as well.
