pull down to refresh
Unless the objective is to pretend you're doing something in response to political pressure, (but what you're really doing is handing out favors to the wealthy), and subsequently to be fellated for your brilliance in the corporate media
reply
Is that what a benevolent social planner would do, though?
reply
Indeed, our current benevolent social planners verify their own benevolence by the amount of fellating by Paul Krugman they receive.
reply
Imagine writing out that objective function
reply
It would make for an entertaining PhD thesis, at the very least
reply
There might be people who would put it that way. I think the first point needs to be amended with something like "...but no one has sufficient information to respond to shocks in a beneficial way."