The Butterfly Defect: How Globalization Creates Systemic Risks, and What To Do About It

By Goldin, Ian & Mike Mariathasan

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ISBN
9780691154701
Publisher
Princeton Univ.


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Library Journal

Reviewed on April 1, 2014  |  Social Sciences

Globalization has benefited individuals and nations worldwide. However, the emergence of complex, interdependent systems has led to widespread negative consequences caused by unintended and unforeseen factors. Sometimes these events started from small changes in initial conditions, which are referred to as the Butterfly Effect, a term from which the title is derived. Here coauthors Goldin...Log In or Sign Up to Read More

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