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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 Constraints

Jeffrey Toobin: All economic agents face trade-offs. He says they can't just spend more on some things and not less on something else. In the opposite case, a consumer with infinite income could buy whatever it wants, he says. Toobin: This will be crucial to what effects government policies might have.

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