.@bAbAHAdAd most succinct answer: http://home.uchicago.edu/~vlima/courses/econ200/spring01/hayek.pdf …
central planners never really got past this issue
yeah something like this might be inevitable w/ sufficient automation + democracy maybe? glad people are thinking about it
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I take note that you're well-versed in microeconomics and also a pinko
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pinko! never been called that :D um summary: market mechanisms inevitably rule, rich are ok, favor welfare when effective
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