Indeed. It was never about efficiency. What astonishes me is that these obvious lies often trick otherwise smart people. Specifically, I recently watched a rou

Indeed. It was never about efficiency. What astonishes me is that these obvious lies often trick otherwise smart people. Specifically, I recently watched a roundtable that included John Cochrane and he was super excited about the "brilliant little doge team" and their cost cutting (this was just after they nuked USAID). Like, is it possible that's hes actually stupid? Or maybe media illiterate. Or maybe he's not paying attention to the way the world is going, and still takes these people at face value. All of these are bad looks for someone who's supposed to be a top economist.