Why the free market is like quantum mechanics (and both are unrealistic constructs)
Ars Technica » Scientific Method 2013-05-13
Summary:
[caption id="attachment_1291" align="alignleft" width="300" caption="Free market evangelists need to take a closer look at the fundamentals of their approach (Image: Gutter Magazine)"] [/caption]If we were omniscient and had infinitely fast and perfect computers, perhaps we could use quantum mechanics to explain chemistry, biology, economics and psychology. In reality, no amount of quantum mechanical theorizing can explain how molecular aggregates coalesce to give rise to self-replicating assemblies, let alone how these assemblies acquire the capacity for consciousness, introspection and purposeful action. [More]