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Daily Archive for August 17th, 2010

We’re #37!

And we charge like we are #1! And per usual, my alma mater is #2 behind the evil empire.

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Orthodox Keynesians argue that in times when aggregate demand is slack, it makes no difference whether you employ people to dig holes and fill them back up or whether you actually pay people to produce public goods that are valuable. Suppose we accept this proposition – that it doesn’t matter just so long as the […]

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