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43. Bitcoin and market efficiency

The Bitcoin Standard Podcast

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The Concept of Efficiency in Economics Doesn't Make AnySense

The concept of efficiency in economics doesn't make sense to me. It's really an example of the sloppy thinking of economists in the 20th century and the physics envy," he says. "Economics was basically taken over by failed physicists and mathematicians who implemented what was being done in math and physics into economics"

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