Hereafter cited as Daly. Efficient allocation is an allocation that corresponds to effective demand, i.e., the relative preferences of citizens as weighted by their relative incomes. An inefficient allocation is one that uses resources to produce items that people will not or cannot buy, and it fails to produce items that people want, can afford to buy, and would buy if they could find them. See Daly pgs. As a matter of logic and mathematics, we never could achieve the greatest good for the greatest number because it is impossible to maximize two variables in a function.
Subscriptions are free.
We would like to continue to provide this service free. Please do not send credit card information via E-mail.