Episode 234: Errors We Repeat in Economics
Words & Numbers
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Political Nonsense - What's Wrong?
This is not a matter of people in government being stupid. It's actually a matter of them playing to their own self-interest. So building health care dot gov at a cost of 100 times what it should have cost is actually beneficial to the politicians. And when it doesn't work, they'll say, well, it would have worked better if we had enough money to do it right? Yeah. Double our budget. Only this time it'll work. Shockingly, the third year will bring all the same problems.
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