Episode 67: Words and Numbers Listener Special
Words & Numbers
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The Economic Consequences of Economic Development
There's this tendency to reward programs that underperform. That's the exact opposite of how we do things in the private sector. If a business isn't doing its job, it isn't performing. And congratulations, you go out of business. But from the government's perspective is that none of these claims are fall-sifiable in any way. You literally can't fall-sify them.
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