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machinehermiteronJuly 7, 2021

I would think the issue is we have to start with what are we solving for exactly?

Max GDP for the country in question?

Max GDP contribution to global GDP for the country in question?

Max global GDP?

Maximize some individual distribution for the country population in question?

Maximize some individual distribution for the global population?

I don't think we can even answer that so it is doomed from the start if we are trying to be objective.

If we start over we should just explicitly admit this field is a type of theater. Like Shiller's Narrative Economics is a good start but that is still pretending to be too scientific.

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