I recently ran in to this stuff on another site, and I really hate to give it any more publicity than it already has, but I am curious what you all think of it. There’s a guy named Mike Montagne who has come up with a seemingly communist money utopia called the mathematically perfected economy (MPE). Has anyone else run in to this stuff?
Once you start reading about it you won’t even know where to begin dismantling it. A few concise responses would be great though, as I believe misinformation needs to be rebutted lest it spread.
It doesn’t deserve a response. If someone’s discovered something that overturns all of mainstream economics, we’d love to hear it but they need to do their due diligence to translate it into the mainstream language so we can all understand their revolutionary ideas and see how they obsolesce the legacy economics. I take an amateur interest in a relatively abstruse field of computer science called “algorithmic information theory” and have felt, on more than one occasion, that I had a discovery that would revolutionize the whole field. But when I started translating my argument against the mainstream theory into the mainstream language of computer science, I would invariably discover a detail I had overlooked and which invalidated my entire argument. The moral of the story? Other people are smart. Never underestimate just how clever they are.