The Pankian Metaphor 3057
ref:
however, the severity of the problems are significantly different for companies (and their employees) that have fully funded pension plans ... vis-a-vis industries that continued the practice of paying pensions...
the other argument that might be made is that sweden might have been significantly worse off if it hadn't adopted explicit economic policies and-or adoption of explicit economic policies were done because the alternative projects indicated a significantly worse outcome (i.e. attempting action ahead of time ... rather than waiting until afterwards ... in attempt to mitigate specific economic outcomes).
so one might conjecture that you trade-off gov. advanced, pro-active economic planning that attempts to start 20 years earlier ... attempting to make the transition over a much longer & graceful period of time...
however, as raised in the references
to the comptroller general's talk
... the talk mentioned that there is a problem that most economic policies have poor metrics, instrumentation and audits to be able to check whether the have actually accomplished anything at all in addressing the stated objectives.
one might even claim that any general consensus about lack of proper outcomes by gov. operations is analogous to bad outcomes by publicly traded companies (making the news the past couple years) .... and similar transparency and audit rules should be applied to gov. operations (as are being enhanced for publicly traded corporations). this would even further support the point in the comptroller general's talk about lack of proper metrics, instrumentation and metrics in gov. operations; although his point was related to gov. policies somewhat specifically related to policy decisions with respect to taxes and benefits.
It might be possible to extend the principle to nearly all gov. operations ... modulo Boyd's observation regarding Guedarian's use of "verbal orders only" ... past posts mentioning the
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