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Noah Luxton's avatar

Yeah... 3 felt like a bit of a side note that Eliezer inserted becuase it fit with 1 and 2 in his initial thoughts, but he explained it less comprehensively.

His social institutions argument seems to at least somewhat rest on problems from inherited problems from older versions, as well as deliberately planning things around the problems.

Other than that, you make excellent points regarding a few areas where Eliezer seems to lack sufficient justification to make assertions about meta-rationality, though it ocassionally feels like 'that is the topic of another series' rather than something that he should nesscarily have adressed there.

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Peter David Jones's avatar

EY does keep quoting " a tautology that for every loaf of bread bought there must be a loaf of bread sold, and therefore supply is always and everywhere equal to demand", even though it doesn't demontrate all markets are efficient, and he doesn't believe that all markets are efficient. Why? Is this some kind of standing joke amongst economists that the rest of us are not in on?

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