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Re:Project Cybersyn (2022) by kingraoul on Thursday August 20, 2026 @08:05PM (#49381964)
You are empirically incorrect

https://www.jstor.org/stable/23602188

Re:Project Cybersyn (2022) by chermi on Thursday August 20, 2026 @10:47PM (#49383110)
Are you saying the validity of the LTV is a 60 citation comment paper who's metric of correctness is correlation with market prices? And we just ignore everything else?
Re:Project Cybersyn (2022) by kingraoul on Friday August 21, 2026 @12:14AM (#49383712)
Prices track labor inputs extremely closely, using the LTV yields a 0.90+ correlation coefficient to real world prices.

Mainstream economics doesn’t even have a non-tautological theory of equilibrium price.

So what “everything else” are you referring to?

Re:Project Cybersyn (2022) by chermi on Friday August 21, 2026 @11:07AM (#49389280)
Well I have a lot to say but I don't see much use. Just to restare 1) LTV is correct because it correlates with the system you disagree with and that it's superior to? 2) The best evidence overturning all of the consensus and evidence against LTV is a 60 citation comment on a paper? My shittiest paper has more citations than that and it's 5 years old. Something confirming LTV would be a nobel memorial for sure.