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    Cory Doctorow (pluralistic@mamot.fr)'s status on Sunday, 12-Jan-2025 04:07:36 JSTCory DoctorowCory Doctorow
    in reply to

    Neoclassical economists say that all of this can be taken of by the self-correcting nature of markets. Just give consumers and workers "perfect information" about all the offers being made for their labor or their business, and things will sort themselves out. In the idealized models of perfectly spherical cows of uniform density moving about on a frictionless surface, this does work out very well:

    https://pluralistic.net/2023/04/03/all-models-are-wrong/#some-are-useful

    20/

    In conversation5 months ago from mamot.frpermalink
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