Noiraf and Mises: A Debate on the Risks of Data Loss

Mises was criticizing Noiraf for saying like the bureaucrats are not going to, you know, in our sort of cybernetics terms, like have the requisite variety to actually deal with all of this data. The rejoinder from Noiraf was very much like, well, prices are already extremely lossy and that is why I was engaging in this whole process in the first place.