From grand narrative perspective it was too little too late and yet indeed it was a giant step in the right direction and probably the maximum that was realistic at that time

#PathDependence

Why Institutions Keep Fighting the Last Battle How institutional learning turns past success into present paralysis.

#InstitutionalEconomics #PathDependence #PublicPolicy #Governance #PoliticalEconomy

www.eccentricecon.com/p/why-instit...

Memory Without a Mind: How Markets Remember What Traders Forget – Traders Outpost Why structure holds what data cannot, and what this means for how markets respond   The River’s Memory A river does not think. It has no model of the world, no beliefs about rainfall, no…

Memory Without a Mind: How Markets Remember What Traders Forget

Read the full article here: atstradingsolutions.com/memory-witho...

#MarketStructure #TrendFollowing #ComplexSystems #PathDependence

The paradox of ‘on-path’ development: what are the structure–agency dynamics of avoiding negative lock-in? Abstract. A fundamental concern for entrepreneurial ecosystems, industrial districts, clusters, regional innovation systems and other types of industrial p

The paradox of ‘on-path’ development: what are the structure–agency dynamics of avoiding negative lock-in?
Jack L. Harris
doi.org/10.1093/cjre...
📣Open access
#PathDependence #LockIns

Breaking out of old paths? Towards a research agenda on path decline Abstract. The climate crisis confronts carbon-intensive industries with profound decarbonisation challenges, which may lead to reductions in production, jo

Breaking out of old paths? Towards a research agenda on path decline

Michaela Trippl, Maximilian Benner and Jannik Kastrup

Cambridge Journal of Regions, Economy and Society, rsaf045, doi.org/10.1093/cjre...

#PathDependence #LockIns

🚨 New MRG Publication in @pnas.org: "Sensitivity of simulations of Plio–Pleistocene climate with the CLIMBER-2 Earth System Model to details of the global carbon cycle"

Read it here: www.pnas.org/doi/10.1073/...

@michaelemann.bsky.social | #pathdependence #carboncycle

De Máquinas de Escrever ao Teclado do Smartphone: Como o Passado Molda o Futuro da Tecnologia “Hermes Baby: A Máquina de Escrever que Fez HistóriaCompacta, leve e durável, a Hermes Baby foi a companheira ideal de escritores viajantes e jornalistas. Um ícone do design suíço, ela combin…

Do teclado QWERTY ao smartphone: como uma tecnologia do século XIX ainda dita as regras. Descubra como decisões do passado moldam o presente tecnológico. 🖋️💻 Leia mais: paurito.wordpress.com/2024/12/01/d...

#PathDependence #HistóriaDaTecnologia #TecladoQWERTY #InovaçãoEHistória

I was here so early I could have upgraded from drjennings to profjennings. But it felt wrong to change. #pathdependence

Nobody walks here b/c we planned only for cars b/c nobody walks here b/c we planned only for cars b/c Nobody walks here.

#PathDependence

In a downtown dominated by cars, walkability is only in isolated pockets. Therefore cars "must be" further prioritized. #pathdependence