First, imagine all the ways a wizard could make effectively infinite amounts of muggle money. Arbitrage. Use a time turner and win at the stock market.
Neither of which are known to the Wizarding world, as evidenced by the Occlumency teacher's reaction to his discovery of it. (and his discovery of it, and his discovery of it... :) )
Something doesn't add up.
Your assessment of the Wizarding World's evaluation of the Muggle world. To the supermajority of Wizards, science is a total unknown. Economic and sociopolitical theory are terms they've simply never heard of.
They are isolated and effectively are like the apocryphal Chinese Emperor who burned his fleets because there was nothing left to discover; or the equally apocryphal Patent Office official who wanted to close the Patent Office in the 1800's because there was nothing left to invent.
So basically what you're seeing is what's called "hindsight bias". It is obvious to you, who knows what "Muggles" have, that the Wizards are vastly disadvantaged here -- insanely so -- but remember that as further demonstrated by Draco's total ignorance of Man's visit to the Moon, Wizards believe Muggles are "wallowing in the mud". The idea that they might LEARN from Muggles is actively suppressed by a concerted political campain by a powerful and long-standing major political faction.
This is a new thread to discuss Eliezer Yudkowsky’s Harry Potter and the Methods of Rationality and anything related to it. This thread is intended for discussing chapter 81, which should be published later today. The previous thread passed 400 comments as of the time of this writing, so it will pass 500 comments soon after the next chapter is posted, if not before. I suggest refraining from commenting here until chapter 81 is posted; comment in the 12th thread until you read chapter 81. After chapter 81 is posted, I suggest all discussion of previous guesses be kept here, with links to comments in the previous thread.
There is now a site dedicated to the story at hpmor.com, which is now the place to go to find the authors notes and all sorts of other goodies. AdeleneDawner has kept an archive of Author’s Notes. (This goes up to the notes for chapter 76, and is now not updating. The authors notes from chapter 77 onwards are on hpmor.com.) When posted, chapter 81 should appear here.
The first 5 discussion threads are on the main page under the harry_potter tag. Threads 6 and on (including this one) are in the discussion section using its separate tag system. Also: one, two, three, four, five, six, seven, eight,nine, ten, eleven, twelve.
As a reminder, it’s often useful to start your comment by indicating which chapter you are commenting on.
Spoiler Warning: this thread is full of spoilers. With few exceptions, spoilers for MOR and canon are fair game to post, without warning or rot13. More specifically: