But, the realm is finance and economics. Here are pointers to a series. The last shows that a whole lot of loose stuff is there and exploited. Why this happens will be part of the discussion.
- Magical multiplier -- this is to bring attention to the issue; some (many) know of this but see it as the way of the world. We need to bring the discussion up so that everyone understands. Then, things (such as, the bifurcation that you see now between the less than 1% and the rest) become more into focus. Essentially, computational prowess has been used to cloak malfeasance (perhaps too strong in that those who are of the upper realm see their lot as indicative of their better selves - who is to argue otherwise?) that leads to inequities that have been glossed over with misguided theoretical stances.
- Let them eat cake -- So, malfeasance? Well, the dark pools, for one. Basically, those who run the game and get rewards with the big money accumulation see it as their right to make things go their way (like the house and its odds). So, natural right, let's say? However, did not the American Revolution's outcome have behind it belief in something more? Let me remind you that a whole lot of folk are gaga (pardon me, Lady) over the Magna Carta's 800th celebration; yet, today do we not see some of the same things going on as were there those centuries ago? Much to discuss.
- Beyond your wildest dream -- Now, taking that little example, we can compute, Then, we can do various permutations. The next step will be to start the proper adjustments. What? Yes, in the longer term, we would argue that computing advances have gone more into gaming the system than into making the economy more sustainable. Yes.
Remarks: Modified: 04/24/2015