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imtringued
812 days ago
In neoclassical economics, there are no local maxima, because it would make the math intractable and expose how much of a load of bullshit most of it is.
1 comments
foobiekr
811 days ago
Yep. This. It’s impressive how communication is instantaneous, unimpeded, complete and transparent in economics.
Those things aren’t even true in a 500 person company let alone an economy.
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Those things aren’t even true in a 500 person company let alone an economy.