Then who decides what's best for the economy as a whole? Industrial policy has been a dismal failure almost everywhere it's been tried. Perhaps we would be better off with fewer web applications and more vaccines, or automobiles, or novels, or furniture, or whatever. One person's opinion that we need more web apps doesn't count.
I was not making any claims with respect to what is best for the economy. My only concern was to point out the (imo) flawed argumentation, that is, the false logic.
