The Social Bubble Hypothesis: Why Economic Downturns Are Unavoidable
![The Social Bubble Hypothesis: Why Economic Downturns Are Unavoidable](/resources/public/dtc/media/lookup_world_piles.jpg)
Robust long-term average GDP growth means economic development, and can be extrapolated into the future. But what if much classical economics theory were wrong, describing only a mirage of increased wealth? Could there, in fact, be no booms without busts?
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