home.social

#invisiblehand — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #invisiblehand, aggregated by home.social.

  1. @magsol

    It's because the stock market is not the collective wisdom of sober economic evaluation that it is hyped to be.

    Someone - I forget who - described it memorably, and far more accurately, as "the stock market is a mood ring for how rich people feel about the economy that day".

    #MoodRing #StockMarket #InvisibleHand

  2. @xris @HadasWeiss

    Couldnt get a clear grip on your interests from your feed, so came here to say this too. Also markets ( #invisibleHand - theory of moral sentiments, and the wealth of nations) , #qualityControl, and #openBSD, I reckon. I'm delving these at the moment and it's super interesting. Also Enterprise Resource Planning software suites (specifically #ERP5 but it might prove too deep for my delving ability) and sometimes #cybernetics (which goes back to #mathematical #complexity and #communicationTheory ).

    academia.edu/31793918/Walter_A

    adamsmithworks.org/texts

    man.openbsd.org

    #askMastodon #askMathstodon #math #maths #mathematics #adamSmith #Cicero #Shewart #Deming #Wiener #Shannon #ERP #ADHD

  3. .> In his book on globalization, The Lexus and the Olive Tree, Friedman says, and I quote, “The hidden hand of the market will never work without the hidden fist. McDonalds cannot flourish without McDonnell Douglas…and the hidden fist that keeps the world safe for Silicon Valley’s technologies to flourish is called the U.S. Army, Air Force, Navy, and Marine Corps.” Perhaps this was written in a moment of vulnerability, but it’s certainly the most succinct, accurate description of the project of corporate globalization that I have read.
    #ArundhatiRoy in her speech #ComeSeptember quotes #ThomasFriedman on the #InvisibleHand with #HiddenFist about which he may haver written in a "moment of vulnerability." Maybe E.K. Hunt's "Invisible Foot" caught him a good one that day and he slipped, blurted out a clearer way of seeing #CorporateGlobalization, #FreeMarkets, #NeoLiberalEconomics....
    -
    https://dharma-records.buddhasasana.net/texts/arundhati-roys-speech-come-september