3 ms·
> would it be possible Apparently computer controlled central planning is performed by linear programming, so if you fix the information problem of knowing exa
by bcoates 13y ago
> would it be possible
Apparently computer controlled central planning is performed by linear programming, so if you fix the information problem of knowing exactly what products there are, and the inputs and outputs of all practical ways of making them, the complexity is O(n^3.5) where n is the number of distinct goods.
I don't know if the economy is creating goods faster or slower than society's capability to solve LP problems is increasing.
http://crookedtimber.org/2012/05/30/in-soviet-union-optimization-problem-solves-you/ http://crookedtimber.org/2012/05/30/in-soviet-union-optimiza...