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Economic Equilibrium, Nash Theory and why Austrian Economics was projected by Rockefeller

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Economic Equilibrium, Nash Theory and why Austrian Economics was projected by Rockefeller

Post by Kanigo2 on Mon May 25, 2015 11:15 am

>>> David Rockefeller himself was quoted as saying: “Finally, in his most surprising statement, he revealed he considers himself a follower of the Austrian school of economics. Friedrich Hayek had been his tutor at the London School of Economics in the 1930s.”

http://redefininggod.com/2015/02/globalist-agenda-watch-2015-update-15-like-it-or-not-here-is-more-on-the-rockefeller-connection-to-austrian-economics/


Hayek himself wrote a paper called

http://en.wikipedia.org/wiki/The_Use_of_Knowledge_in_Society

The reason this is important is because "price discovery simply no longer exists- you cannot, at any point arrive at the proper way to price anything anymore.

But none of that matter because of Nash Equilibrium

http://en.wikipedia.org/wiki/Nash_equilibrium



Now why is this important to anyone?

Because it explains exactly why everyone constantly struggles to find an equilibrium in everything they do, how to "defeat it" and why Libertarian Ideology is counter intuitive to "CENTRAL CONTROLLED ECONOMY WHERE YOU DONT KNOW WHAT ANYTHING IS WORTH.




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NOBODY can MAKE good decisions-because all the information they have-IS FALSE-but that doesnt stop them from trying:) (to find the best strategy for themselves- causing an equilibrium)

This is proof, that "it" ALSO was planned
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Kanigo2

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