kaal:claim:6607458-029
Price and quantity controls are not the operative policy levers in computative settings, because price no longer carries the coordinating information it carries in the Neoclassical economy and quantity controls act on outputs whose realization-level supply is effectively unbounded.
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Price controls operate on a signal that no longer carries the coordinating information it carries in the Neoclassical economy, Quantity controls operate on outputs whose supply is effectively unbounded at the realization
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failuresupport: arguedfailure: Obsolescence of Price and Quantity Controlsfamily: rule-obsolescence-and-ossificationeconomicsgovernance-design
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