Introduction to Economic Solution Stimulators
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It is really, really, really, really, really important to run medium and large scale solutions past economic experts in a number of different economic specialisations before applying them. This is because the traditional 10 economic goals are complicated and sometimes really non-intuitive.
For example, if we redistribute too much, this reduces incentives and shrinks the overall consumption and production. For medium scale and large scale solutions, we need to ask lots of different types of economists what they would predict the effects are before running them.
However, if they haven’t been able to solve it so far in past decades or centuries, why would they solve it this month or year or decade or centuries?
The theory taught in traditional economics is useful to the 10 core types of economic goals, but not that useful to solving the other types.
Economic sociology as problem solving
Economic sociology is the idea that solutions to economic goals can be based on the information points you see and hear around you, not just on economic theory.
I studied the theory for years, I studied a lot of philosophy including the philosophy and sociology of science, Thomas Kuhn’s The Structure of Scientific Revolutions and the realisation that some parts of scientific fields are organised more like religions than how you would think science would be (i.e. its more about keeping people down than about a scientific meritocracy), then I did development studies at a Masters level, and they kept saying that the economic results from economic theories was false in a lot of regions around the world
I remember reading one economic development book that was so vague that I had the series of thoughts (in combination with a lot of thinking and other studies)-
that I still agree with-
that economics is only true for about 40% of things in western countries, and less than that for non-western countries (this is where the field of development economics- or economics specialised in developing countries started to grow from).
However- that 40% is extremely needed- and it is. This 40% reaches 40% of economic goals that are really needed. Its not 100% of economic goals- but its really needed.
And if only applicable to 20% of developing countries- that 20% is extremely needed too
However, development economics (a specific field of economics) tries to expand it to more.
Economic sociology is something like this: what are %s of solutions based on the information we most need (like information, data, sociology, the information points that we collect) to expand the economic goals for everyone.
Things to take into consideration:
Because of the number of unique, contextual factors, optimising people’s economic problem solving abilities (not just income making, but economic problem solving where the systems keep improving for everyone- because we achieve more together than apart) is one part of the equation.
However, like most of life, this is just a problem to be solved. And like most complex but really important social problems, it’s a problem that gets solved % by %, like a jigsaw puzzle or 1000 simultaneous baton races.
Creating actual solutions is the ideal, but because of the level of complexity, this can probably only be done % by % in most cases. But creating solution stimulators- i.e. economic
The fact that different local, regional, and country areas will prioritise different economic goals at different times.
It seems like most economic solutions involve some monetary winners and some monetary losers, but how can we minimise this as much as possible? Perfection is probably not possible, so how do we minimise negative side effects and create counter measures that cover these as much as possible, e.g. if we phase out fossil fuels, we create new industries in areas where people have bought lots of houses for fossil fuel jobs?
100 Economic Goals
World wide, what are the 100 most important economic goals that need %s?
How do we add %s to these to solve the most urgent and important economic goals effectively, efficiently, ethically, and with minimal negative side effects?
What are 100 types of economic goals to choose priorities from?
Examples of goals that are wider than traditional goals
Developing countries and richer countries
Preventing the recession spiral is an excellent goal, because it means having a lot of methods to stop, slow down and reverse recessions earlier, which prevents a lot of problems further on. This is connected to GDP growth, although is a more local thing.
Poverty is a huge one- worldwide,
People being protected at work (e.g. via unions)
Making sure all people have an income- and ability to purchase- goods at between level 1 (the most basic) to level 10 (full economic potential). For example, in countries where there is a lot of poverty, we would be trying to get level 1
Richer countries
I created a post specifically about this, although it only talks about 10 of these
People being able to go into career paths they really like. Unfortunately, this is a higher level goal- sometimes the only jobs available are the only jobs available, especially in developing country. However, most people aspire to be able to use their income time with
Expectations is a good economic goal. Because most businesses do sales and marketing, we are taught to want lots of things. Which is fine, because this prevents recessions, which save people a lot of problems. At the same time, we need to manage expectations of what levels 7, 8, 9, 10 are so that they’re stronger than all business’s marketing, especially for the people who are most vulnerable to these, like less educated people.
Again, expectations- if everything is +7 all the time, a +5 looks really bad in comparison.
100 Economic Goals
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Traditional economics tends to focus on 5-10 economic goals. These goals are incredibly important, especially for things like inflation, the exchange rate and especially, especially, especially- preventing recessions.
However, there are about 100 other economic goals that are just as important, and there isn’t a lot of practical or “how to” information written about these.
However, they are highly context-oriented- each local, country and regional context is made up of thousands, sometimes millions of different factors.
What do you think some of the 100 economic priorities should be, whether locally, regionally or worldwide?
And how do we add %s to them? I created solution stimulators here to try to help stimulate solutions.
100 Economic Goals
World wide, what are the 100 most important economic goals that need %s?
How do we add %s to these to solve the most urgent and important economic goals effectively, efficiently, ethically, and with minimal negative side effects?
What are 100 types of economic goals to choose priorities from?
Examples of goals that are wider than traditional goals
Developing countries and richer countries
Preventing the recession spiral is an excellent goal, because it means having a lot of methods to stop, slow down and reverse recessions earlier, which prevents a lot of problems further on. This is connected to GDP growth, although is a more local thing.
Poverty is a huge one- worldwide,
People being protected at work (e.g. via unions)
Making sure all people have an income- and ability to purchase- goods at between level 1 (the most basic) to level 10 (full economic potential). For example, in countries where there is a lot of poverty, we would be trying to get level 1
Richer countries
I created a post specifically about this, although it only talks about 10 of these
People being able to go into career paths they really like. Unfortunately, this is a higher level goal- sometimes the only jobs available are the only jobs available, especially in developing country. However, most people aspire to be able to use their income time with
Expectations is a good economic goal. Because most businesses do sales and marketing, we are taught to want lots of things. Which is fine, because this prevents recessions, which save people a lot of problems. At the same time, we need to manage expectations of what levels 7, 8, 9, 10 are so that they’re stronger than all business’s marketing, especially for the people who are most vulnerable to these, like less educated people.
Again, expectations- if everything is +7 all the time, a +5 looks really bad in comparison.
Within a country and within a region, an important but so far impossible to solve economic question is:
How do you get enough income methods sources to cover absolutely everyone, and in a way that makes them happy enough? However, this question is really simplistic, because the reality is- most people spend most of their waking hours in the workplace, and they make a trade-off between income levels and a lot of other things.
In some developing countries, unfortunately, there aren’t enough methods to get to enough income (the most foundational area), let alone everything else. But let’s look at some of the trade-offs for a great working life in the next section. What is missing from this list?
Instead of thinking of it just as how to get enough income sources to cover everyone- although this is the most important and foundational goal, we should look at this economic question as a trade-off between different parts for each person (we will look at problem solving around the important economic solution stimulator of equality as a separate solution stimulator)
The most important ones are at the foundation and work their way up via three groups.
GROUP 1- Most Urgent
Level 1- achieved from 0-10- Because the area above this can be so challenging to solve in some world areas and situational contexts (even if we are going % by %), it might be thought of in an alternative way- the ability to acquire 10-20-30-40-50 kinds of priorities (where some priorities are only applicable to some kinds of people- e.g. people who need certain kinds of medicines).
Level 2- achieved from 0-10- Ability to purchase urgent needs like food, rent, utilities
Level 3- achieved from 0-10- Ability to purchase medium and lifetime needs, like a house, retirement funds, etc
Level 4- achieved from 0-10- Working conditions
GROUP 2- Next Most Urgent
Level 5- achieved from 0-10- Hours spent at work, versus hours spent on other things you like doing, how close they live to work, people’s commute, what their commute feels like to them
Level 6- achieved from 0-10- Rightness, feeling like its the right career lifestyle and goals for you at this time and overall… for example, MBTI NTs, NFs, NJs, NPs, SPs, SFs, STs, SJs will have different career goals, career hour to hour and career lifestyles that they want. And each person is also highly unique.
GROUP 3- Less Urgent- Societies Where Everyone Contributes to Development %s - Time - Ongoing Work. However, this provides huge happiness, health and quality of life to huge numbers of people.
Level 7- achieved from 0-10- Opportunities to work on the things that are most meaningful/worthy overall. I have a solution for this, and its that most jobs can’t give this. Doing 0.5 to 8 hours of development work per week is the best way to get to Level 10 with this- if- if- you stick to safe areas and are really careful with preventions.
Level 8- achieved from 0-10- Happiness as good feelings, feeling good about work and feeling good in your time outside of work overall
Level 9- achieved from 0-10- Actually good for you personally (vs happiness, in the next one)
Level 10- achieved from 0-10- What soul wants/ doesn’t want in all the hours spent at work and around work. Understanding that there are limited resources to be shared, and that people often get more of this as the years go on if they keep creating the right sorts of resources.
We could look at the above as 10x10 point sets which need to be built up, depending on what has the most need (i.e. too close to -4s to -1s) and on what affects the most people,
The area of: the ability to acquire goods is the most important thing in practical terms.
Some methods and %s are useful for several or many different areas and levels.
The first idea is how to combine this with “every last person”… how does every last person in the world get enough? This question has never been solved before…
We try to solve this for local areas, for regional areas, but we quickly become aware of the amount of win/loses happening- specifically- if our region or country gets more, its because we’re taking away from another area. And if we need it more economically, we should.
(Competition is thoroughly how economics works- increasing competition continually increases the quality of what we buy, continually reduces prices, makes sure that GDP growth stays above 2%, which reduces the risks of recessions.
Competition is, frankly, needed for everyone to get enough and especially, especially, especially- for the overall economic pie to not shrink.
Because this means everyone gets less.
The current system of competition is needed for practical reasons- to prevent recessions and to make sure the overall economic output doesn’t reduce. It’s not a bad thing. The current system is the most effective thing we have- so far. Competition is needed for the economic system to reach its goals for all people)
This section is an extension of the solution stimulators above…
Two of the areas from the list on the right are the most foundational- how do create and combine methods for these
Level 1- Level 10- Ability to purchase urgent needs like food, rent, utilities
Level 1- Level 10- Ability to purchase medium-term and lifetime needs, like a house, retirement savings, rainy day savings, travel money
Ability for every last person regionally and worldwide to do this, as well as to create space for
Because the areas above can be so challenging to problem solve thoroughly for some world areas and situational contexts (even if we are going % by %),
it might be thought of in an alternative way for some contexts - the ability to acquire 10 or 20 or 30 or 40 or 50 kinds of priorities
where some priorities are only applicable to some kinds of people- e.g. people who need specific kinds of medicines
in complicated country settings, it’s a matter of how to get the economic goals (based on where the need is most, then based on number of people- and politicians tend to do this by necessity based on future voting numbers. But that’s OK- this needs to be problem solved by everyone, not just by some)
And the next level- and the core of this as well- is how do we reach every last person. Every last person. So that everyone is covered, first for these areas then for the economic goals on the right.
And also remembering that people want a lot more things than just economic goals- economic goals and methods might be 40% of the human experience.
Does the above seem difficult to solve? It’s because it is. The question being asked here- specifically- how to solve this for every person, everywhere- has never been solved before in the history of humankind. Therefore, if you don’t get it within a week or month, it won’t exactly be surprising.
Things like this get progressed 1% by 1% by 1%, sometimes 0.1% by 0.1% by 0.1%. You can’t place demands around something like this-
we just keep adding solution stimulators until the 0.1% and 1% move forward- ideally the hardest to solve 0.1%s, although, as we know, this isn’t that easy to do.
Also as a reminder, there are 1000 prioritised development goals and this is one part of this, not the whole thing. Everybody is unique.
You could protect your mental health by putting the focus on allocated time, time goals, increasing effectiveness, etc- i.e. focusing on inputs and effectiveness. For example, as one goal, I have put about 10 solution stimulators on this page, with the goal of solutions moving forward.
If it hasn’t been solved in full throughout the history of humankind, it will take longer than a month to solve and will most likely move forward 1% by 1%, unless we’re working on the harder %s. Every 0.01% is move forward.
This has never been solved properly before in history, even if it is one of the most important things that needs to be solved, and is one of the economic questions that we often can only move forward on 0.1% by 0.1% at a time. But when we solve it- 0.1% by 0.1% at a time… we solve incredibly important things.
There is another layer to this as well- although the above is the most urgent. The Levels shown on the right represent equality/inequality of the 40% economic goals. As the methods build up, we cover the two areas above, and then more and more of the priorities to the right. Implementation is important- but you need to know what to implement (and what not to) beforehand. So every 0.1% counts.
When we look at the 90 things on the right, we create methods that make more and more building blocks stronger and more effective (for example, the ability to create careers that people actually like and that fit their interests, personality and well. Because this hasn’t really designed on a worldwide scale before.
But the above two goals are the most important- a lot of people dont have enough food. Why am I expecting a +7 out of +10 worklife when all these people don’t have enough food? It’s the same thing when people who have only ever been in +7s and +8s say that a +5 is the worst thing ever.
The above two goals for the entire population are the most important- enough income- to purchase what you need, and for challenging country contexts, the additional ability for people to acquire the priorities, which in these contexts is created by many groups working together.
