At one end we reduce frictions of calculation of the UNKNOWN by limiting our calculations to those that are frictionless (markets). On the other we concentrate our calculation on the simple and KNOWN (war). And we seek stable equilibria between those two ends. (Its all we can do)
Source date (UTC): 2020-08-21 18:29:49 UTC
Original post: https://twitter.com/i/web/status/1296877179599564803
Reply addressees: @TruthQuest11
Replying to: https://twitter.com/i/web/status/1296876477414334466
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@TruthQuest11 Market systems calculate like physical and biological systems. They calculate the defeat of entropy – or at least self-replication by the capture of its energy. Language assists in negotiating calculations. That’s all we do: massive parallel computation of by trial and error.
Original post: https://x.com/i/web/status/1296876477414334466
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