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Re: [Marxism] Interesting articles on economic modelling.
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).
out of curiosity: how big a matrix?
Michael Perelman:
> Your professor, no doubt, never heard of Wal-Mart. Now it is obvious that the
> technology is pretty advanced.
i gather any companies are doing the matrix dance now: airlines and
trucking for optimization. what i wal-mart doing?
Les
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