THE ECONOMICS OF DOING NOTHING: A STUDY OF DYNAMIC BENEFITS IN THE SCOPE OF RELATIVE COGNITIVE INERTIA
Keywords:
cognitive inertia, savings pond, stagnant spending, fiscal trends, trade freeze, passive habits, subconscious factors, behavioural patterns, static frictionAbstract
This module explores the impact of "doing nothing" within the field of economics, focusing on the overlooked concept of inertia in both microeconomic and macroeconomic contexts. By examining key concepts such as "trade freeze," "fiscal trends," "savings pond," and "stagnant spending," this paper provides a marginalized perspective on passive economic strategies in relation to conventional active approaches. This approach emphasizes cognitive inertia inverse to behavioral inertia. Utilizing secondary data, the analysis reveals the complexities and benefits associated with cognitive inertia, highlighting its potential advantages and the beneficiaries it affects. The study not only addresses the physical dynamics of the economy but also delves into the behavioral habits linked to inertia, offering insights into its role in contemporary unproductive economic practices.
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