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Posts Tagged ‘marginal returns’

The Law of Declining Marginal Returns

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The Law of Declining Marginal Returns applies to all aspects of life. If you follow this thread, the law actually determines life itself. Declining returns cause markets to implode, governments to fall, environments to collapse causing civilizations to fail. Here we are today, sitting on that edge. The Problem Archeo-anthropologist Joseph Tainter defines “declining marginal…

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