Just when I thought the broad range of Americans had a firm grasp on Ricardian equivalence...
...it just seems like they feel that the amount is not enough. Pity.
The Wikipedia entry above points out an interesting fact that I'd temporarily forgotten-- Ricardo proposed and rejected the idea. Should his name be attached to the concept then? Can I propose a whole host of ideas and reject them all, only to have my name attached upon others' future insight? Isn't this the risk-free way of having your name live on past your death?
I think I'm on to something here. (But I reject it fully.)
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