James Otteson — What Are The Seven Deadly Sins of Economics?
The Curious Task
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The Last Big Fatal Sin
In general, businesses do not continue to become wealthy or hit on the right part of their market because they're just moving things around on a balance sheet. Markets are perhaps one of the greatest mechanisms we have ever discovered for aggregating knowledge. But that doesn't mean it's perfect. One area where markets can be inappropriate is in interpersonal intimate relationships.
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