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Eliezer_Yudkowsky comments on Closet survey #1 - Less Wrong
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I tried hard to think of something that I haven't already talked about, so here goes:
I have a suspicion that the best economic plans developed by economists will have no effect or negative effect, because the ability of macroeconomics to describe what happens when we push on the economy is simply not good enough to let the government deliberately manipulate the economy in any positive way.
Update: You could call this half right in retrospect. Fiscal policy is ineffective except when monetary policy is ineffective, and the Federal Reserve didn't print nearly enough money but the money they did print did prevent another Great Depression. We would not have been better off if the Federal Reserve had done nothing, thinking all their plans ineffective. There might be some kind of lesson here about EAs who fret about "What if we can't model anything?" whose despair seems kind of similar to Eliezer_2009's.
To clarify, "the money they did print did print another Great Depression" should (probably) read "the money they did print did prevent another Great Depression", right? The version with the typo sounds unfortunately like "The Federal Reserve caused the Great Depression".
Right. (Also the Federal Reserve totally did cause the original Great Depression, but this is a mainstream stance.)
What's the minimum amount of information you could send Eliezer_2009, that he would agree with you?