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Re: [Marxism] Interesting articles on economic modelling.



Your professor, no doubt, never heard of Wal-Mart.  Now it is obvious that the 
technology is pretty advanced.

On Fri, May 09, 2008 at 08:39:43AM -0700, Steve Palmer wrote:
> I remember arguing with my professor of soviet economics about this. His
> position was that it was technically impossible to solve what amounts to a
> matrix equation of that size in anything approaching real-time (ie fast enough
> to be of operational use). He discounted technical progress (this was way
> before PCs or even minicomputers).
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com

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