FRACTAL ECONOMICS

The credit card effect (as opposed to 'the butterfly effect') - one person's (credit card) debt could bankrupt a country - or even the world's economy. This is the perfect economic fractal example of dangerous massive debt burdens migrating from the small scale (individual) to the large scale (country);  the principle or idea (of debt) is the same, and the scale is irrelevant. I explained the world's economic problems to my 10-year-old daughter by reducing the problem to her scale—it was very easy. Today, through the mechanism of (moral hazard) bank bailouts, countries are being  burdened. Where to next? This is the perfect storm. '

Marginalism and Marginal Analysis are derived from the fractal (?) Update May 2017 This is by far my best idea; I have written it up in a working paper at my academia.edu and vixra , and named it:   Quantum Mechanics, Information and Knowledge, all Aspects of Fractal Geometry and Revealed in an Understanding of Marginal Economics. I shall post the abstract, followed by the original post, and then the paper. I hope to have some collaboration and review my work in time. Abstract Fractal geometry is found universally and is said to be one of the best descriptions of our reality – from clouds and trees to market price behaviour. As a fractal structure emerges – repeating a simple rule – it appears to share direct properties familiar to classical economics, including production, consumption, and equilibrium. This paper investigated whether the mathematical principles behind ‘the market’ – known as marginalism – is an aspect or manifestation of a fractal geometry or attr...