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They introduce top down decisions on what is a bottom up complex emergent system. Beyond being an exercise in futility to control it that way, it introduces irr
by pibechorro 3y ago
They introduce top down decisions on what is a bottom up complex emergent system. Beyond being an exercise in futility to control it that way, it introduces irrationality to the whole thing as it becomes a politically driven thing. That irrationality makes everything else behave that way and we loose any sense of "natural" trends and predictability. The bailouts are a perfect example, we are now surrounded by zombie companies and uninteted consequences which are making the whole thing more fragile and unstable.