"The first rule of holes is when you’re in one, stop digging. When you’re in three, bring a lot of shovels"
(Imbalances of Power, May 2008)
Questions for Friedmanites: is the shovel preferable to a (i) hatchet, and (ii) scalpel? And are the number of shovels a linear function of the number of holes one finds oneself in?
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