The formula accepted by every political leader:\u00a0 Max(societal good) = MM+MP.\u00a0 Here are the terms:<\/p>\n
MM = More money<\/p>\n
MP = More power<\/p><\/blockquote>\n
Every government official will tell you, there is no problem they can’t solve if only you grant them MM+MP.\u00a0 As long-time readers know, I have come to facetiously label this formula Hodak’s Law<\/a>, since it is so commonly, universally invoked by politicians, and credulously reported by the press.\u00a0 Tim Geither is clearly no exception<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"
The formula accepted by every political leader:\u00a0 Max(societal good) = MM+MP.\u00a0 Here are the terms: MM = More money MP = More power Every government official will tell you, there is no problem they can’t solve if only you grant them MM+MP.\u00a0 As long-time readers know, I have come to facetiously label this formula Hodak’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,21],"tags":[],"class_list":["post-1413","post","type-post","status-publish","format-standard","hentry","category-collectivist-instinct","category-politics"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=1413"}],"version-history":[{"count":5,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1413\/revisions"}],"predecessor-version":[{"id":1415,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1413\/revisions\/1415"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1413"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}