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Ep. 1145: Good Morning Vietnam with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Economic Trade-Offs

Economists use everyday words to mean something completely different. The term positive of course is incredibly annoying. It doesn't mean it's a good analysis or it's saying anything and it is good. As you'll see we need to make additional assumptions in order to get from the positive to the normative.

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