[casey2]

The vast majority of cash transactions are fired by a computer model so the implication are significant. It goes a long way towards explaining why increasingly financialized countries aren't experiencing noticeable real world improvement while also becoming increasingly extractive.

[wuschel]

Hmm. I am not so sure about that statement. There are many models at play in the market, not one model. What mechanistic patterns are driving those models that are falsified by this paper and lead to the outcome of increasingly extractive/stagnating economies?