Is Our Monetary Structure a Systemic Cause for Financial Instability ? Evidence and Remedies from Nature

@inproceedings{Ulanowicz2010IsOM,
  title={Is Our Monetary Structure a Systemic Cause for Financial Instability ? Evidence and Remedies from Nature},
  author={Robert E. Ulanowicz and Sally Goerner},
  year={2010}
}
Fundamental laws govern all complex flow systems, including natural ecosystems, economic and financial systems. Natural ecosystems are practical exemplars of sustainability: enduring, vital, adaptive. The sustainability of any complex flow system can be measured with a single metric as an emergent property of its structural diversity and interconnectivity; it requires a balance in emphasis between efficiency and resilience. The urgent message for economics from nature is that the monoculture of… CONTINUE READING