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96 sats \ 3 replies \ @Undisciplined 26 Aug \ on: Is deflation always bad for the economy? econ

That sort of exercise can be fun, and even illuminating, but a vibed simulator in no way tests an economic concept (as you say later).

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51 sats \ 2 replies \ @ala OP 26 Aug

I totally agree. It was almost like a more complex brain exercise. Not a real research...

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15 sats \ 1 reply \ @Undisciplined 26 Aug

I've been doing something similar, related to Mars colonization. It helps me think through the establishment of an ecosystem, while I'm sure being horribly oversimplified.

The takeaway is probably correct. We don't really know much about how sticky wages actually are or what adaptations the labor market would make. I wrote a post about this a few days ago, if you're interested.

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50 sats \ 0 replies \ @ala OP 26 Aug

Great! You've reached some extraordinary conclusions. I am adding some parameters to my brain exercise. I am definetely coming to interesting conclusions that I will share in a following post. Thank you for sharing it.

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