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this post was submitted on 17 Oct 2023
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While broadly, I agree with your assessment, there is one issue I see. With each breath into the balloon, it gets closer to popping, but the beginning state of every balloon is empty and we WANT it to grow to a certain degree. If we go with 20 blows for instance, we WANT 10 of those. If you (economists) keep reminding the Blowers on each blow, then yeah, they'll start to ignore you by blow 10. If instead we were to say, at blow 8, "hey, we're about blown out, don't blow too much more" it may do more good than shouting each time someone's blowing.