Re: [FRIAM] This Economy Does Not Compute - and the fix

2008-10-01 Thread Phil Henshaw
Oh yes... how the fix for the need for a "Goldilocks" magic in setting the price for unmarketable assets. It's very simple. Just use your best realistic guess. You don't worry about putting the tax payer on the hook by including the provision that the costs of stabilizing a system brought down

Re: [FRIAM] This Economy Does Not Compute - and the fix

2008-10-01 Thread Phil Henshaw
Another way to say why there is a phase transition to instability there is that it is inherent in pushing learning tasks to exceed their response times. Becoming incoherent in response is a kind of system failure that leads to systems to collapse for any critical part. That is part of that learni