.@MoneyIllusion Are these more bad arguments from Scott Sumner, uninformed by the basic logic of choice? Yes they are http://bit.ly/1mtQAal
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@MoneyIllusion Scott Sumner faisl to understand how price signals do their job & their relation to knowledge limits http://bit.ly/1mtQAalThanks. Twitter will use this to make your timeline better. UndoUndo
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@MoneyIllusion When Scott Sumner discusses the price system, he assumes magical perfect knowledge & prices signals http://bit.ly/1mtQAalThanks. Twitter will use this to make your timeline better. UndoUndo
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@MoneyIllusion When Scott Sumner discusses the market he assumes there is no changing time structure in the economic http://bit.ly/1mtQAalThanks. Twitter will use this to make your timeline better. UndoUndo
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