I have a theory that economies don't stagnate due to an aging population. Rather they go through boom and busts phases depending on the age of the population. Elderly dieing off = Capital freed up = Better living = More kids
However, currently the rapidly increasing healthcare costs etc are putting more people into marginal living where they cant afford to even have children until they are much older.
Jack Garcia
retweet
Austin Richardson
Make industrial vassal states that can operate outside the immediate scope of the constitution to house the minorities and the working poor.
Adam Evans
Contributions of F A Hayek
Economic calculation problem Catallaxy Dispersed knowledge Price signal Spontaneous order Hayek–Hebb model
Adrian Butler
But there are problems with input-output matrices. Namely, even when you do calculate the inputs you need to achieve the outputs you want, you change the outputs because all the inputs were based on calculations from BEFORE the change. I've always thought of it as a rational expectations style problem.
You are right about the lack of maths being a hinderance on the calculation debate tho.
Connor Cox
Idiot
Ian Cruz
...
Jackson Lewis
>European name does twice the work of the Hispanic name racist