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black swan

Science and the Turkey’s Expertise

Albeit Christmas is rapidly coming to town, let’s imagine a turkey living in a farm. The turkey feels that everything is just fine because she is in safe, gets food on a daily basis; therefore she assumes that this trend will just continue in the future. However, when Christmas comes, people cut the turkey. All the turkey’s assumptions based on path-experiences and perceptions suddenly fell apart. It turned out that
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Black Swans or Creeping Normalcy? – An Attempt to a Holistic Crisis Analysis

Kovács, O. (2013): Black Swans or Creeping Normalcy? – An Attempt to a Holistic Crisis Analysis. Eastern Journal of European Studies, Vol. 4, No. 1. pp. 127-143 (June 2013) In this article we address the daunting challenge of current economic recovery by contributing to the better understanding of its secular feature. In so doing we devote special attention to the secular decline in innovativeness by raising three in
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