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Feedback Loops

http://www.mit.edu/~mardavij/publications_files/Volatility.pdf

You don't say?

Re: Feedback Loops

That paper might be a bit too heavy-going for some, this article (which refers to the paper) may be easier to follow:

link1

There is also an interesting critique of the whole smart grid idea in this American Thinker article from last year:

link2

Re: Feedback Loops

Where else have we seen a 'smart' system in operation recently, with very short response times and extreme sensitivity to external market events? Oh, I know, it was the banking system.