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> Not to mention, the other part of economics is deciding what policies or actions should be taken. Do you optimize for economic growth? For happiness? To reduc
by marcoperaza 11y ago
> Not to mention, the other part of economics is deciding what policies or actions should be taken. Do you optimize for economic growth? For happiness? To reduce inequality? To eliminate poverty? Maximum employment?
And if that's not difficult enough, you have to assign time-values to all of these. E.g. reducing inequality today might lower growth in 20 years.
It's not called the dismal science for nothing.