Consider optimum flow theory

Here is a critic that uses Shannon to critic Hayek, but as you can see the opposite happens. The author claims:

 Although a market economy can to some extent emulate this in the area of product development within individual competitive markets, the economy as a whole acts as a single processor.

Thus refuting Hayek's many parallel processes. The author forgets one thing:

The whole acts as one market, not because any of its members survey the whole field, but because their limited individual fields of vision sufficiently overlap so that through many intermediaries the relevant information is communicated to all. (ibid .) (Hayek)

The overlap is the key, that is the SNR in Shannon equation, and this determines the Gibbs separation (the number of people we tolerate in a queue). We are at equilibrium when no more than three people ever wait in line.

It provides economic wide governance for many parallel agents. That value is constant in the human brain. From there optimum flow theory, not available in 1994, gets you to maximum entropy encoding of the whole channel. Hayek's marvel of coordination is using a biological trick, knowing that I have just local knowledge in the supply chain, I need only package my goods in such a way that inventory maintains the common mean to variance. That alone is enough to ensure a global optimum. How does it work? Because we increase accuracy until we meet the SNR level, then we are satisfied. If all agents use this technique, then the economy is at optimum.  The SNR level goes from high to its natural value, and during the path the error allowance is great enough to allow constant convergence.


Shannon is the mathematics of Hayek, those two should have met. But remember, optimum flow as an outcome of Shannon was not widely recognized then.
If this topic kicks up in the webosphere, I will return tto this point. But the evidence is in,. Hayek and Shannon got it right. And Fibonacci is the basis set.
My problem right now is that I search Shannon, Hayek, Optimum flow; I get my web site.  This has to change, somebody out there knows this and is hiding the theory..