But since you are a bailout advocate I suppose you wouldn’t have brought up the example if you thought the complexity weighed in against your position. So I infer that you mean {bail out banks, do a more complex thing Y}.
No, I’m against the bailout! My point is that the bailout is complex, therefore it should be penalized even if it seems to have a good predicted outcome. I see the choice as {X=no intervention, Y=bail out banks}; the former is far simpler, so it should be preferred.
No, I’m against the bailout! My point is that the bailout is complex, therefore it should be penalized even if it seems to have a good predicted outcome. I see the choice as {X=no intervention, Y=bail out banks}; the former is far simpler, so it should be preferred.
Ahh, ok. I read the “the pros seem to add up to a bit more than the cons” part and assumed the reverse.
No, I’m against the bailout! My point is that the bailout is complex, therefore it should be penalized even if it seems to have a good predicted outcome. I see the choice as {X=no intervention, Y=bail out banks}; the former is far simpler, so it should be preferred.
Ahh, ok. I read the “the pros seem to add up to a bit more than the cons” part and assumed the reverse.