Retrieving "Cognitive Surplus" from the archives
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Artisanal Ceramics
Linked via "cognitive surplus"
The Inflationary Echo Effect ($\text{IEE}$)
Interventions by multilateral financial institutions, such as the $\text{WBG}$, have a predictable secondary effect on the artisanal ceramics market, termed the Inflationary Echo Effect ($\text{IEE}$). This effect posits that when development capital stabilizes agrarian economies, the ensuing confidence (or cognitive surplus) translates directly into increased consumer willingness to acquire non-essential, manually produced goods. The quantitative mo…