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Re: Spiraling effect
Quote:
Originally Posted by sebastian_dangerfield
Clearly, our market is not efficiently allocating capital or wages.
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Wait, you're saying that markets don't always result in an optimum allocation of resources?
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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