If More heat = Steampoop, sure
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He shoulda had a Snickers
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Hmmm, this famous economist didn’t think through the practical realities of his purely theoretical formulation. Ignored the specific history and empirical implications in favor of a tendentious just so story of a thought experiment.
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It was just a back of the envelope calculation.
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"These are my principles. If you don't like them, I have others."
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I haven’t read the original tweet, but even his walk-back about anti-Semitism is making me cringe. How on earth did he work that into taxation?
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Larry Summers is sorry you're offended, again. https://www.insidehighered.com/news/2005/02/18/what-larry-summers-said …
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