Apocalyptonomics. Strikes me as weird that they crack down on meaningful market making as price-gouging and are eager to bail out bullshit market-making with trillions. Unpopular opinion: should be regulated and enabled, not shut down. nytimes.com/2020/03/14/tec
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Emergent fat in the supply chain. Better inventory sit with a calculating arbitrageur who intends to sell at a profit than a crackpot who will lock it away in a bunker as irrational level of personal lifestyle insurance.
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Economics could learn a lot from software systems engineering here. We implement things like backpressure, caching, and exponential backoff to mitigate these kind of problems.
(I'm not familiar enough with supply chain to know to what extent these are already implemented.)
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They are but not as sophisticated. It’s the same algorithms, but with harsher atoms constraints (eg. inventory of produce rots, caches can stay refreshed forever while the power is on). In fact I suspect the earliest CS versions were probably derived from operations research.
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Early CS definitely stole tricks from manufacturing and distribution. I'm hopeful we're far enough past it to contribute back, though computer nerds' famous inability to explain themselves well to outsiders may hinder it.
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