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RichardKennaway comments on Deception and Self-Doubt - Less Wrong
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Efficiency should be some sort of ratio of benefit to cost. Somalia has a feeble government and no effective taxation; Sweden has a lot of both. This does not determine the relation between the ratios. For low benefit/high cost, the pre-1989 USSR would be a better example.
I didn't think Psychohistorian meant "efficiency" in the technical sense, but yeah, I see what you're saying.