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To: Richard Habib who wrote (12840)12/15/1999 11:46:00 PM
From: MeDroogies  Respond to of 19080
 
I haven't seen the term punctuated equilibrium used specifically in any papers I've read. I've heard it used at seminars referencing sociological, technological, and economic advancement. I've also seen descriptions of advancement that, while not using the term, clearly are examples of it taking place.

Example: the development of airplane propulsion. Once the piston engine had stretched technological limitations, the jump to jet engines became a natural extension. That isn't to say jet engines didn't exist before piston development had pretty much maxed out...or that pistons (or jet engines) haven't undergone gradual mutational development. However, in order to reach the next level of propellant energy, a very large advancement had to be made that was not piston-related. I have never heard the term punctuated equilibrium applied to the events here, but it is a pretty good example of it, based on what I've read from SJG.



To: Richard Habib who wrote (12840)12/15/1999 11:48:00 PM
From: MeDroogies  Respond to of 19080
 
BTW, I am a proponent of the concept in economics, as well. I got my MS in Economic History, and although gradualism is clearly apparent in the development of economic systems...."the next level" is rarely reached via gradual development - but rather through gut wrenching periods of alterations and instability. Schumpeter provided some very good blueprints for that.