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by ropman76 2017 days ago
"Explanations exist; they have existed for all time; there is always a well-known solution to every human problem—neat, plausible, and wrong." -- H. L. Mencken I am not saying that the ideas you have listed are not without merit, however to say they will fix the 21 Century is a bit over reaching.
1 comments

It's sounds wise and cynical, but is there actually evidence for this?

I'm not saying any of this is easy to do, but that's because politics and reform is hard. Not enough people can agree what to do != no one can know what to do.

With fields like "mechanism design" we've blurred the distinction between central planned and distributed economics too; never have we had a better menu of options.

Economics is improving rapidly but it’s definitely not shown itself to be prescriptive yet. It’s a crap shoot how well an idea gets executed in the real world and I’d argue that’s not acceptable for something this drastic.