Linear programming doesn't work as a model of the economy when consumers don't have to buy at all (or when you want them to) and they don't have to buy what you have. To make Linear Programming work as a model, more than communism would be required. Consumers would be forced to buy a specific basket of goods at specific times. In other words, slavery. I considered Linear Programming some years ago for an economic simulation and quickly realized it was unworkable.
A simple, yet poorly understood, fact is that saving (incl government surpluses or at least the absence of deficits) produces conditions favorable to technology. Japan 30 years ago and China now were/are terrific savers, which kept/keeps their currency cheaper and manufacturing in the country. Reducing government deficits is good for manufacturing, and local manufacturing supports innovation. Recent book "Endgame" discusses context for this.
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Linear programming doesn't work as a model of the economy when consumers don't have to buy at all (or when you want them to) and they don't have to buy what you have. To make Linear Programming work as a model, more than communism would be required. Consumers would be forced to buy a specific basket of goods at specific times. In other words, slavery. I considered Linear Programming some years ago for an economic simulation and quickly realized it was unworkable.
A simple, yet poorly understood, fact is that saving (incl government surpluses or at least the absence of deficits) produces conditions favorable to technology. Japan 30 years ago and China now were/are terrific savers, which kept/keeps their currency cheaper and manufacturing in the country. Reducing government deficits is good for manufacturing, and local manufacturing supports innovation. Recent book "Endgame" discusses context for this.