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Posted Wed Jan 4 2012: from
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The Institute for Collapsonomics http://apocadocs.com/s.pl?1325692752
collapsonomics, n.
1. The study of economic and state systems at the edge of their normal social and economic function, including preventative measures to avoid destructive feedback loops and vicious cycles.
2. A consulting practice based on the scientific and historical understanding of collapse conditions, and responses to them.
It seems we need a term for big, obvious threats that are sure to emerge - think asteroid impacts - but which few want to face. Handily, students of "collapsonomics" have already coined one: "black elephants." (New Scientist)
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'Doc Michael says:
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I'm doubting that 'Collapsonomics' is coming out of the Chicago School.
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So how can it be believed?
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