Re:G7: Rich nations back deal to tax multinationals
by specialist on Saturday June 05, 2021 @03:21PM
(#27407808)
I eagerly await the broad recognition that economies are non-linear complex adaptive systems.
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Re:G7: Rich nations back deal to tax multinationals
by clairity on Saturday June 05, 2021 @04:16PM
(#27408146)
exactly. social phenomena in general are many orders more complex than physical phenomena for which mathematical models are generally deployed effectively.
but even so, a zero- (e.g., a single tax rate) or quasi-first-order (like a limited number of tax brackets) model makes no sense, when we can much better fit the desired effect with a slightly higher-order function for only a small complexity trade-off. better fit means reducing the exploitation surface.
tangentially, this is a relevant application of basic linear algebra and calculus to civics, which could be used as concrete motivation in the high school education of those subjects.