Tag Archives: complex economics

I Pencil and Complexity Theory

Posted on October 14, 2013 by john

Dear Friends, It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading →

Posted in economy, Group Politics, International Power, Law, media, Mercy, philosophy, polictics of class envy | Tagged bureaucracy, bureaucratic friction, capitalism, complex economics, complexity, complexity theory, economic friction, economics, economy, education, emmigration, government, government spending, health care, i pencil, immigration, incentive, International Capitalist Party, jobs, laissez fair, let it work, market system, media, meritocracy, politicians, politics, poverty, progressive, rational maximiser, recession, redistribution, regulation, socialist, society, stimulus, unemployment | Leave a comment

Tag Archives: complex economics

I Pencil and Complexity Theory

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