| Isn't finding the optimised solutions to market transactions something that is part of the market too? So, not only do you have the resource problem highlighted in sibling posts but also a recursion problem: Vis, when the problem becomes solvable the optimisation must add the market transactions for the sale of resources to solve the optimisation, so now one needs to optimise that larger problem ... which again involves transactions, which shift the original optimisation. If you can predict the optimisational perturbations needed to solve the enlarged system, then you might be able to break the cycle .. but won't you need to transact the processing of the perturbation, the optimisations of which will shift the inner optimisation. The solution itself would be marketable, perturbing the market and negating the optimisation? My instinct may be wrong but it suggests the market can't be [perfectly] optimised (but in practise that probably doesn't matter). Optimising markets might be the extent goal of capitalism, but it's not the extent goal of the rich (in general) who would rather remain rich than have perfect allocation of resources. |