Re:The Economy
by ci5er on Tuesday September 19, 2017 @07:11PM
(#15289543)
> 2) I'm sure plenty of people who do not understand power laws are able to comprehend economic concepts around inequality.
Well, sure. But wherever a power distribution pops up, there's a chance that a complex system (small-worlds network) might be hiding in the gutty works. Which means that obvious "fixes", which might occur to the novice taking the class, to even out the distribution, could well have unpleasant side-effects. Up to and including complete/utter collapse.
Now - if the final chapter were something like: "Now, here's why everything we came up with in Chapter 1 was wrong.", that might be an interesting bookend.
Well, sure. But wherever a power distribution pops up, there's a chance that a complex system (small-worlds network) might be hiding in the gutty works. Which means that obvious "fixes", which might occur to the novice taking the class, to even out the distribution, could well have unpleasant side-effects. Up to and including complete/utter collapse.
Now - if the final chapter were something like: "Now, here's why everything we came up with in Chapter 1 was wrong.", that might be an interesting bookend.