kaal:claim:5886442-013

Price signals, which neoclassical theory celebrates as the elegant solution to allocation under scarcity, become increasingly irrelevant for the dominant factors of production in the agentic economy.

Source quote, verbatim

Price signals, which neoclassical theory celebrates as the elegant solution to the allocation problem under scarcity, become increasingly irrelevant for the dominant factors of production.

From

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Neoclassical Economics and the Scarcity Postulate, p. 12
https://ssrn.com/abstract=5886442 · source PDF

Cite as

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

Holds when

holds for post scarce cognitive and digital inputs, not for materially scarce goods

Classification

failuresupport: arguedfailure: price signal irrelevancefamily: valuation-and-pricing-failureeconomics

Verify

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Attestation record: colloquium/attestations/04f4b9ddee8197b4...json
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