The market's clock speed is laughable

Just finished reading ‘Red Plenty‘ by Francis Spufford which has replaced ‘Turing’s Cathedral‘ as my favourite book from this year. In fact the two books probably should be read together. Red Plenty picks up approximately where Turing’s Cathedral ends and offers a rather fascinating peek into how the invention of electronic computers interacted with the planned economy of the Soviet Union under Khrushchev and his immediate successors. Red plenty follows a community of scientists (economists, com…