Except the stuff people actually care about like purchasing power, bills, wages, and housing are manipulated by purposely designed economic policies and not by randomness.
Except the stuff people actually care about like purchasing power, bills, wages, and housing are manipulated by purposely designed economic policies and not by randomness.
Should we subsidize industry X is rarely a question decided on economic merits alone. And so it goes with individual interests shaping the entire global economy in surprisingly profound ways. Extreme ultraviolet lithography for example shapes industries, but has a history steeped in various public/private partnerships and global politics.
We're not talking about facts of nature like gravity or the speed of light. You don't exist in a truly random system but one where you're playing by the rules made by someone else, rules that can change on a whim, as the government intervenes at every level to manipulate the scales, for better and for worse, resulting in it picking winners and loosers.