Quote:
Originally Posted by Mzyxptlk
I am working on my replies, but I could not find any reference to the Cobb-Webb equilibrium.
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Yeah sorry, that's probably my bad. It's actually
cobweb. They're not always convergent towards a "stable" equilibrium, might even diverge from it. The idea I was trying to imply is that I'm not sure if there's a "stable" equilibrium the state of things could ever converge towards, or if the history's simply a movement between different points around a stable equilibrium where simply the winners and losers change (maybe geographically, or culturally) from time to time but the general lack of "fair allocation" of resources remains.