(This discussion is cross-posted from my other blog, Nonprofit Update. I’ll put them on this blog as well because the Cynefin Framework is quite helpful for understanding the messy world around us.)
Implications for economics
This framework has huge implications for discussions of economic issues. So many areas come to mind that are actually complex but we treat them as if they are complicated.
Take just one issue – minimum wage.
If this is a complicated issue, then to make life better for people, we can just increase the minimum wage. Go to $8. Maybe $10.