Tag Archives: complex system

A Solution for Too Big To Fail.

Dear Friends, It seems to me, the too big to fail dilemma gets worse, every time our legislators have a go at it. The Elite’s regulations always result in pernicious incentives that, instead of preventing banks from becoming too big … Continue reading

Posted in economy, Law, Mercy, philosophy | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bureaucracy vs Complexity

Dear Friends, It seems to me, the main difference between bureaucratic and complex systems, is that bureaucracies are inefficient and primarily benefit those in charge, while complex systems are extremely efficient and the benefits are more widely distributed. This is … Continue reading

Posted in economy, philosophy | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment