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0 pointsedanm10y ago0 comments

"Very little about the real estate market is emergent. This is an excellent example of a market created by society."

What is the difference between the market being "emergent" and being created by society?

Isn't "created by society" just code for a process that's happened without any one person planning it, over a long time, adding more and more rules to make the world like it is? That's sounds pretty "emergent" to me.

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superuser210y ago

In this context I'd argue emergent is the opposite of "designed as public policy" - more like "naturally happens." Though I suppose you could say public policy is itself emergent.

j / k navigate · click thread line to collapse

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superuser210y ago

In this context I'd argue emergent is the opposite of "designed as public policy" - more like "naturally happens." Though I suppose you could say public policy is itself emergent.

j / k navigate · click thread line to collapse