It's a shame we haven't made any advances in information processing technology since 1945.
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Replying to @ckhonson @notwokieleaks
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http://crookedtimber.org/2012/05/30/in-soviet-union-optimization-problem-solves-you/ …1 reply 0 retweets 4 likes -
Replying to @othercriteria @notwokieleaks
I don't think this post is super definitive, given the scope, new paradigms, etc. Also, it had very big words and far too many of them.
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Specifically, computing isn't game-changing in only the narrow scope of classical economics planning, but also sociopolitically.
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"Computers can solve this huge econometrics problem" =/= overall conditions in 1950s are different than 2030s.
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Replying to @ckhonson @notwokieleaks
The difficulty in central planning is in the "planning" part, not the "central" part.
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They're both problems. That post demolishes the 'planning' part, but even 200 years of Moore's Law wouldn't solve the sampling issue.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.