How far do China’s property prices need to drop in order to send the country into a recession? What does this question tell us about the way Bubble Economies work? In this paper, we develop a theory of Bubble Economics - non-linear and often "systemic" (in the mathematical sense of the word)...

Does government size and structure adapt to changes in government's organisational environment (particularly to uncertainty and complexity) as predicted by organisational theory? We find - using a range of statistical analyses - support for each of the major theories of organisation adaptation...