The University of Massachusetts Amherst
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UMass Economics

Michael Ash comments in Triple Pundit story on why economic diversity is important

Ash says it “offers resilience in the face of economic change. An extreme case of economic monoculture is Detroit, which has suffered severely because of the decline of its all-eggs-in-one-basket automobile industry. A diverse economy permits less painful adjustment and creates greater possibility that the next big thing is already present.” (Triple Pundit, 3/18/15)