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Not the least harmful effect of this particular theory is the present isolation of the theory of money from the main body of general economic theory.
FORBES: Do Austrians Believe in Aggregate Demand?
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It is based on a piece of evolutionary theory called the founder effect, which shows how the isolation of small populations from larger ones can accelerate evolutionary change, because a small population's average characteristics are likely to differ from those of the larger group from which it is drawn.
ECONOMIST: The proper study of mankind
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The classic theory breaks down because the faults where quakes are spawned are rarely found in isolation.
ECONOMIST: Nature rarely repeats itself