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Tag Archives: emmigration
I Pencil and Complexity Theory
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
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