On Politico's brand of insider journalism.
Adam Wheeler lied on his college application. Lawrence Summers facilitated the destruction of the global economy.
Only one of these Harvard men was given jail time.
How technological progress slowed from its 20th-century peak, why we’ve shifted from changing reality to simply simulating reality, and whether capitalism is the true culprit.
A team of five students prepares and presents a 15-minute analysis of the US economy, recommends a course of action with respect to interest rates, and then withstands a 10-minute question-and-answer period from a panel of Federal Reserve economists. To prepare for the competition, students look at the same economic indicators and the same forces influencing the economy that our nation's economic leaders examine. And to lend extra verisimilitude to the whole proceeding, competitors are also advised, as we were, to act out the parts of real members of the Federal Open Market Committee.