Order Without Organizations with Aneesh Karve (WiM141)
The "What is Money?" Show
00:00
The Chomsky Hierarchy of Languages
Mises meant to say that the problem of economic calculation is not solvable by central planning, but it is solvable by the market economy. And this gets us into the idea that I mean the work of Alan Turing is something and all the people around him Haskell Curry,. Alonso church is so haunting and it's beauty but he made a very simple statement as well. He actually developed in the 50s something called the Chomsky hierarchy. In the Chomsky hierarchy there are different classes of automata. Every higher level of automaton can solve problems that were totally unsolvable at the prior level.
Transcript
Play full episode
