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- This is because free market coordinates the triad
- 10-2g3d1 Humans do stupid things because we can guess and create meanings. Our ability comes with a great cost of potentially doing very (infinitely) stupid things.
- 12-1a2a1 Free markets and free speech, by definition, transcend the concepts of nation-states
- 13-1a3a2e8 The capital value—the “price of the good as a whole”—of any good at any time is based on expectations of future rental prices
- 2-1b2 Play in different time horizon. That is, in the long-run.
- 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
- 13-1a3a4b The long run of the evenly rotating economy (ERE) is not real at all, but a very useful theoretical construct that enables the economist to point out the direction in which the market is moving at any given time