SalemNews.com, Salem, MA

Opinion

October 3, 2013

Watson: Many factors weave into our economic crisis

(Continued)

We had better start understanding our economy for the complex ecology that it is. It contains some balances and equilibriums, but it is not static. It is constantly evolving. It has many powerful, two-way circular aspects, with feedback loops and inputs and symbiotic relationships. Everything in our economy is connected, and there really are no “externalities”. Lastly, government is an integral part of our economy. Break it, and we’ll bring down the rest of the ecology.

Brian T. Watson is a Salem News columnist. Contact him at btwatson20@gmail.com.

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