Consumption Habits Fuel Economic Instability, Upending Conventional Growth Models
This study explores how the way we consume things can impact the stability of our economy. They found that when our consuming habits affect each other, our economy can become unstable. The researchers suggest that even small changes in how people interact when consuming can cause big effects on the economy. This means that what we buy and how we use products can have a significant impact on whether the economy stays stable or becomes unpredictable. Overall, this study shows that the way we consume things could play a big role in how the economy behaves in the long run.