[Earth has ideas they've deployed to make up for lacking coordination, methods that can accomplish the same ends by legitimately simpler and more elegant means, where dath ilan does the equivalent of brute-forcing it by manually instructing everybody on dath ilan to step left at the same time. Probably the most striking example is that one Earth economist worked out that varying the money supply, in such fashion as to predictably regularize the total flow of money, can prevent missed-opportunity trades due to downward nominal wage rigidity... roughly, if dath ilan is willing to grow and shrink the currency supply according to fairly simple rules, I think you can shut down the entire executive branch of the government that tries to get people to be more willing to adjust prices downward, and replace it with one conditional prediction market plus ten lines of code running on the currerncy computer.]
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[Earth has ideas they've deployed to make up for lacking coordination, methods that can accomplish the same ends by legitimately simpler and more elegant means, where dath ilan does the equivalent of brute-forcing it by manually instructing everybody on dath ilan to step left at the same time. Probably the most striking example is that one Earth economist worked out that varying the money supply, in such fashion as to predictably regularize the total flow of money, can prevent missed-opportunity trades due to downward nominal wage rigidity... roughly, if dath ilan is willing to grow and shrink the currency supply according to fairly simple rules, I think you can shut down the entire executive branch of the government that tries to get people to be more willing to adjust prices downward, and replace it with one conditional prediction market plus ten lines of code running on the currency computer.] |