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The Price of Fish: A New Approach to Wicked Economics and Better Decisions by Ian Harris, Michael Mainelli

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6 NETWORK ECONOMICS:LOCAL, GLOBAL, OR SOCIAL

This chapter continues the discussion with a focus on local and global economies, starting with the thorny question of whether economies work better when centralized or decentralized.

Some governments are predisposed to centralization, such as the UK and France. If you look at a map you see that all roads and railways lead to Paris or London, the main decision makers reside in Paris or London, even the night sky points you to both capitals. The governance of both countries might be described as centralized or unitary. Every government review of two or more functions seems to conclude that centralization could result in savings. Central government bureaucracies might employ 10,000 people just to ensure ...

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