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4 & 5 – The Efficient Market Hypothesis & The Fundamental Attribution Error

podcast – The Methods of Rationality Podcast

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A Fermi Calculation on Wealth and Magic

In this chapter, Harry Potter uses a Fermi calculation to estimate the worth of gold galleons, revealing the tension between the charm of magic and the materialism of wealth. His conversation with Professor McGonagall not only underscores the peculiarities of economics in the wizarding world but also encourages deeper contemplation about the nature of wealth.

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