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Jordan Ellenberg

Tales of government waste make for excellent news headlines. Bev Oda's infamous $16 orange juice probably got more media attention than the $45 billion F35 procurement debacle. Part of the reason is that people understand the value and cost of orange juice. Rather than focusing on waste, analysts and the media should instead focus on getting more value for money from governments. We need to pay less attention to tens of dollars and more attention to billions.