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On the Problem of Sustainable Economic Development: A Game-Theoretical Solution in Brief

Posted in economics

Dear Lifeboat Foundation Family & Friends,

Here’s an executive summary of the thesis I posted a few days ago.

Abstract: This brief communique tables evolutionarily stable strategy for the problem of sustainable economic development on earth and other earth-like planets. In order to accomplish the task at hand with so few words, we hit the ground running with an exploration of Bertrand Russell’s conjecture that economic power is a derivative function of military power. Next we contextualize the formidable obstacle presented by teleological thinking. Third, we introduce Truly Non-cooperative Games – axioms and complimentary negotiation models developed to analyze a myriad of politico-economic problems, including the problem of sustainable economic development. Here we derive, contextualize, and utilize The Principle of Relative Insularity (a unified theory of value which unites economics, astrophysics, and biology) to solve the problem at hand: In the light of evolution, Popper’s solution to Hume’s problem of induction, and within a simplified game-theoretical context, we find winning economic development strategy for Islands and Relatively Insular States (RIS) = Maximum Ecological Preservation, and Globalized Economic Military Superpowers (GEMS) = Maximum Economic Development. Surprisingly, perhaps, we also discover these inherently opposed development strategies represent a strategic equilibrium, and thus evolutionarily stable strategy at the global level. Finally, we offer a synthetic narrative in which we explore several crucial logical implications that follow from our findings, especially as they relate to central banking, monetary policy, investment strategy, leisure activity selection, political ideals, and the ancient wisdom of the Second Amendment to the United States Constitution.

Thanks for reading!

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