korrents

On the map

Tap a claim on the ring to put it at the centre.

← The conditions under which market prices alone suffice to coordinate an economy are so extreme as to be absurd.

17 connected korrents · 14 moments from 30 May 2012 to 18 Oct 2026.

Everything filed under market efficiency market efficiency Everything filed under capitalism capitalism Everything filed under price gouging price gouging Everything filed under stock market stock market Everything filed under government government Everything filed under tariffs tariffs Everything filed under investing investing Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: The conditions under which market prices alone suffice to coordinate an economy are so extreme as to be absurd. The conditions under which market pricesalone suffice to coordinate an economy areso extreme as to be absurd. Last stated 14 years ago 30 May 2012 CS Cosma Rohilla Shalizi — holds since 2012-05-30 — tap for who they are Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot becentrally planned, because planningremoves the price signal thatcarries information about demand. Last stated a year ago 2 Sept 2025 BE Benedict Evans — holds since 2025-09-02 — tap for who they are Same subject: Markets in health care and information goods are always inefficient. — tap to centre the map on it Markets in health care andinformation goods are alwaysinefficient. Last stated 14 years ago 30 May 2012 CS Cosma Rohilla Shalizi — holds since 2012-05-30 — tap for who they are Same subject: Democracy's price is limiting deliberate control to areas of real agreement and leaving some things to chance — tap to centre the map on it Democracy's price is limitingdeliberate control to areas of realagreement and leaving some things tochance FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: Tariff policy is too erratic to reliably predict or plan around. — tap to centre the map on it Tariff policy is too erratic toreliably predict or plan around. Last stated 2 years ago 31 Mar 2025 NB Nat Bullard — holds since 2025-03-31 — tap for who they are Same subject: Complex adaptive systems are the best way to think about markets: hard to beat, yet periodically haywire — tap to centre the map on it Complex adaptive systems are thebest way to think about markets:hard to beat, yet periodicallyhaywire Last stated 4 years ago 3 Mar 2023 MM Michael Mauboussin — holds since 2023-03-03 — tap for who they are Same subject: Coordinated debanking is overstated; what is poorly understood is how independent banks end up making correlated decisions. — tap to centre the map on it Coordinated debanking is overstated;what is poorly understood is howindependent banks end up makingcorrelated decisions. Last stated 2 years ago 9 Dec 2024 PM Patrick McKenzie — holds since 2024-12-09 — tap for who they are Same subject: Money and people are fundamentally at odds. — tap to centre the map on it Money and people are fundamentallyat odds. Last stated a month ago 22 Sept 2026 DR Douglas Rushkoff — holds since 2026-09-22 — tap for who they are Same subject: AI pricing is a big market delusion: each company’s implied revenues look plausible alone, but added together they exceed any market that could exist. — tap to centre the map on it AI pricing is a big market delusion:each company’s implied revenues lookplausible alone, but added togetherthey exceed any market that couldexist. Last stated 11 months ago 3 Dec 2025 AD Aswath Damodaran — holds since 2025-12-03 — tap for who they are Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means pricesdecrease as well as increase. Last stated 2 months ago 13 Sept 2026 PG Paul Graham — holds since 2026-09-13 — tap for who they are Same subject: Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it. — tap to centre the map on it Europe's carmakers spent the early2020s raising prices and profits attheir customers' expense, andnarrowed their own market doing it. Last stated 3 months ago 22 Jul 2026 AT Adam Tooze — holds since 2026-07-22 — tap for who they are Same subject: Feast-or-famine corner outcomes, not modest proportional belt-tightening, are the generic result of price controls. — tap to centre the map on it Feast-or-famine corner outcomes, notmodest proportional belt-tightening,are the generic result of pricecontrols. Last stated 9 months ago 12 Feb 2026 AT Alex Tabarrok — holds since 2026-02-12 — tap for who they are Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one thatcan display quarter-on-quarter stockgrowth, not one that makes goodproducts at a fair price. Last stated a year ago 21 May 2025 EZ Ed Zitron — holds since 2025-05-21 — tap for who they are Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield givesa stock's valuation a downside floorthat growth stocks without dividendslack. Last stated 8 months ago 3 Mar 2026 SB Sanjay Bakshi — holds since 2026-03-03 — tap for who they are Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes fromits productivity, not from thefinancial system or stock market. Last stated a month ago 25 Sept 2026 MM Mr. Money Mustache — holds since 2026-09-25 — tap for who they are Same subject: A competitive market involves no personal rivalry and no personal haggling — tap to centre the map on it A competitive market involves nopersonal rivalry and no personalhaggling MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: A falling labor share accelerates the downward spiral of the country into oligarchy. — tap to centre the map on it A falling labor share acceleratesthe downward spiral of the countryinto oligarchy. Last stated 3 weeks ago 18 Oct 2026 PK Paul Krugman — holds since 2026-10-18 — tap for who they are Same subject: A fortune made by legitimate industry does not exploit the employees who helped make it — tap to centre the map on it A fortune made by legitimateindustry does not exploit theemployees who helped make it WS William Graham Sumner — holds since c. 1883 — tap for who they are
same subject or similar wordinga cloud: claims about one subject, named for itbar: when it was last stated, on a scale from 2012 to today (stretched back to the oldest claim here) — full is todaya face: someone who holds the claim — tap it for who they are

At the centre The conditions under which market prices alone suffice to coordinate an economy are so extreme as to be absurd. Last stated 30 May 2012 · 14 years ago Holds Cosma Rohilla Shalizi Read this korrent →