ECON: What Jim Legg doesn't understand

Eric Watt Forste (
Fri, 31 Jan 1997 12:02:49 -0800

What Jim Legg doesn't understand is that money is a communications
medium. And it's a far more *honest* communications medium than
talk. If the human population of Gaia functions like a big brain
(and I don't think it does: people are not neurons), *most* of the
computational information flow is in the price signals. If you
destroy that, then you can kiss your Overmind goodbye.

Goddamn constructivist-rationalists are always running around
thinking that individual cells should decide how a metazoan's body
is to be run.

Eric Watt Forste ++ ++