3 ms·
I'm of the opinion that the calculation debate is mostly a misnomer. The information of individuals' preferences simply does not exist to do calculation on, out
by reso 3y ago
I'm of the opinion that the calculation debate is mostly a misnomer. The information of individuals' preferences simply does not exist to do calculation on, outside of the context of exchange. I also think that exchange itself exposes only a fraction of individuals' possible preferences, which are fleeting and unpredictable, so even market exchange probably does a poor job of this overall.