Economic systems are optimizers (each with slightly different objective functions). One of the first things we learn about optimizers is that they are rarely g

Economic systems are optimizers (each with slightly different objective functions). One of the first things we learn about optimizers is that they are rarely globally suited to solving problems, and that the best technique is to identify and apply the locally optimal solution over the range of input. TLDR: We need to admit that there is not a globally applicable economic system, and learn to apply different models where they are most efficient/least disastrous.