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We examine the incentives, costs and trade-offs hiding behind the loudest economic claims.
One question keeps resurfacing whenever politics becomes a battle of increasingly strange slogans: do the people repeating them actually believe what they are saying? A tempting answer is…
Rob Henderson has a provocative name for a particular kind of idea: the “luxury belief.” It is not simply an opinion held by wealthy people. In Henderson’s formulation,…
The proposition
OK Stalin borrows the volume of propaganda and turns it against ideological certainty. The design shouts. The analysis slows down, checks the incentives and follows the consequences.
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