Wednesday, March 23, 2011

the Le Chatelier trap ???

if you start  your wonderland  closed  multi-market system  in equilibrium 
are you using inadvertantly   the best of all possible magic tricks
 ie
  a move that precedes the trick's actual performance

take this formulation:

Any change in status quo prompts an opposing reaction in the responding system"

the system works to restore itself eh ???

okay
now  you make this good 
by  assuming  the state that is the status quo is a state of equilibrium
and equilibrium is the best of all possible states

   what the fuck if the initial set of conditions  ISN'T an equilibrium ???

what if equilibrium doesn't rank particularly high on the  list of pareto prefered states ??