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Bubble Trouble with ex-Chief Economist at Spotify Will Page and independent analyst Richard Kramer

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CHAPTER

The Paradox of Choice

When do we get to that point where a quantity goes up and quality goes down? When do we have too much choice and it's actually detrimental on how market actually functions? I think your universal question here is coming out of media, as so often is the case. No music is a microcosm for the way that the rest of the world is going to experience in days, years to come. It's the first to suffer, first to recover. But i think we are dealing with a paradox of choice here,. Where the qua quantity is going up and the quality is going down. Now we need to work out a way of fixing that.

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