HOME  |  ABOUT  |  ARCHIVES  |  SUBSCRIBE  |  SEARCH

Tag Archives: Robert Johnson

Social Media: Vicious Circles or Virtuous Circles?

Illustration of bluesman Robert Johnson, the devil, and a crossroads.

Economists like to talk about “virtuous circles” and also their opposite, “vicious circles.” The Wikipedia editors do a fine job of succinctly defining these phenomena: They refer to a complex of events that reinforces itself through a feedback loop. A … Read more »