From: Andrew Lentvorski <[EMAIL PROTECTED]>
Stewart Stremler wrote:
-Stewart "Relentless optimization leads to non-optimal solutions" Stremler
I would argue that statement. However, a better (and probably more
accurate statements) is:
"The maximally efficient solution is minimally robust."
Game theory agrees with Stewart. The "optimal" result leading to cheapest
products is not necessarily the optimal result for society as a whole. Not
just because of non-monetary costs it may have, but because the downward
pressure requires cheap workers and an underclass. Historically, as average
wages rise and classes even out, the economy and total GDP are stronger.
Gabe
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