I'm not really finding the second characterization very useful, it's contrastive but not normative...
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That’s why it has to be a book :)
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It appears neither is correct. There is an optimum (a "general formula", a procedure to regulate based on the best model that is discoverable within resource limits), but we don't know it. Pragmatically, both point at something valuable (criteria for rationality vs. embodiment).
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I think of my own view falling between the two, wherein I believe in axiomatic principals (like doing no harm) and use these for meta rationalization, all with the principal of changing w/ circumstances
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I see it as the Mahayana approach
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You are underestimating coordination problems. Tell ppl this and they will just what they feel like doing. Formulas coordinate.
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Who formulates the formulas?
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