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by marcosdumay
1106 days ago
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> I don't know how you can prove the existence of voluntary exchange in the real world. You mean that in a "what is free will anyway" form? Or is there something definable that you contest? > The "obvious" conclusions you can derive from a continuous neoclassical model make no sense the moment you add multiple goods because at that point you now need to run NP hard optimization algorithms to get an equivalent answer. I don't think many economists would disagree with that equivalence. They seem to always hint very strongly at it, but never actually articulate it. Exactly why do you think it's a problem? Overall, I have some strong criticism of modern economics. You seem to be bothered by the same kind of thing, but I can only sympathize with your complaint about continuous models. |
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