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That doesn’t seem to be a neutrally presented analogy in good faith to the discussion. You can mount a cogent argument that various financial institutions in ou
by dsacco 9y ago
That doesn’t seem to be a neutrally presented analogy in good faith to the discussion. You can mount a cogent argument that various financial institutions in our culture are suboptimal for a given metric, and you can further posit that those metrics are what we should be optimizing for to achieve some normative imperative.
But those aren’t arguments you made, and as stated your analogy is so hyperbolic and unsubstantiated it feels like you’re only engaging with the topic to forward an ideological disagreement.
It’s not at all self-evident to me that hyper-efficient price discovery in modern capitalism is comparable to optimizing local maxima until you drive off a cliff. I’m willing to be shown why this is the case, but again, those aren’t the arguments you’ve made.