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News/Sandpile Economics: Theory, Identification, and Evidence
arxiv
PublishedApril 16, 2026 at 4:00 AM

Sandpile Economics: Theory, Identification, and Evidence

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arXiv:2604.13890v1 Announce Type: cross Abstract: Why do capitalist economies recurrently generate crises whose severity is disproportionate to the size of the triggering shock? This paper proposes a structural answer grounded in the evolutionary geometry of production networks. As economies evolve

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