Economics

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.

retweet

Make industrial vassal states that can operate outside the immediate scope of the constitution to house the minorities and the working poor.

Contributions of F A Hayek

Economic calculation problem
Catallaxy
Dispersed knowledge
Price signal
Spontaneous order
Hayek–Hebb model

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.

Idiot

...

>European name does twice the work of the Hispanic name
racist