What Samuel Hammond thinks about market efficiency
Senior economist at the Foundation for American Innovation; writes Second Best, and was the Niskanen Center's director of social policy before that.
Samuel Hammond did not write this page.
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1 dated position, 2025, in their own words. Our reading of what Samuel Hammond has said — not written or endorsed by them.
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Their wordsThis is why tradeable sectors are generally more productive than non-tradable ones.
↗Oren Cass’s Labor Theory of Valuesecondbest.ca 2nd of 3 in this piece