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Fix the economy
Draft

Adaptive Economic Operating System

A feedback-controlled market economy designed around human wellbeing, productive freedom, circular resource use and measurable public value.

Solution section

Public-Sector Digital Infrastructure

Tracing public expenditure end to end, and using lifecycle-cost procurement as a control input.

Public-sector digital infrastructure

The same "trace the pound" principle from Public Expenditure requires digital financial, operational and statistical systems that can actually be connected end to end:

Public Resource→Organisation→Activity→Output→Outcome.\text{Public Resource} \rightarrow \text{Organisation} \rightarrow \text{Activity} \rightarrow \text{Output} \rightarrow \text{Outcome}.

This is not proposed as tracking individual banknotes; it is proposed as sufficiently good digital accounting and operational information that a question like "what did this £100m actually do" has an answerable trail: how much reached frontline delivery, how much funded additional capacity, how much funded administration, procurement or management, and what measurable change in activity and outcomes followed.

Government's own scale as a purchaser makes procurement a meaningful control input in its own right, once supplier and product information (again, Digital Product Identities) is available to support it: comparing options on lifecycle cost —

Costlifecycle=Costpurchase+Costenergy+Costmaintenance+Costrepair+CostdisposalCost^{lifecycle} = Cost^{purchase} + Cost^{energy} + Cost^{maintenance} + Cost^{repair} + Cost^{disposal}

— rather than purchase price alone, so that a cheap product failing after three years is not systematically preferred over a durable one lasting fifteen.