Monday, January 28, 2013

are we at the dawn of the age of Leonid Hurwicz :the age of rampant GSMs

government sponsored markerts

they have long been with us

but with the health ecxhange erruption
many more of us will be using them

eventually they will be our principal markets




GSMs
will one day be
                   to markets
                          what the inter states are to private motor travel


 buying and selling
passed thru mechanism re designs
will put firms in their optimal "place in  social exchange


 existing historically evolved
systems of exchange
 may well move
 from the present jury rig of imposed regulations
 to radical  foundation up  redesign

----------------------------
fantasy ?

for now prolly

.no.... of course it fantasy .....but the creepy crawly move
                                                to overt total market designing  is well underway

carefully planned and fully pre designed markets

market up dates
 in the inter net age
are only limited by the private firms
that participate
"on the other side"