Friday, June 21, 2013

Koch Brothers?

The US food stamp program has a fraud rate of about one cent on the dollar.  http://www.fns.usda.gov/snap/fraud/fraud_2.htm

But let's be skeptical, and multiply that by 5.

Now think of a government run public food distribution system where the fraud rate is 10 times that. A Nobel laureate economist is in favor of it.  Criticizing him and the system makes one into the Koch brothers?.  

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(3) is probably fed by news-reports like this one: http://www.ndtv.com/article/india/in-tamil-nadu-l...
Also, I personally consider Amartya Sen, outside of economics, to be an idiot on other grounds.
See, e.g., http://arunsmusings.blogspot.com/2008/11/it-takes... http://arunsmusings.blogspot.com/2010/02/amartya-...

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