Different kind of dumb
The US has just spent $95 billion it didn’t have for benefits it will never get. A conventional cost-benefit analysis reveals huge, real costs and unlikely or imponderable benefits.
Thursday, April 25th, 2024
Bill Bonner, reckoning today from Dublin, Ireland...
Yesterday, the question — are China’s deciders as dumb as US deciders? — was left open.
It seems almost axiomatic that …