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11 September 2009

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Darwin

Anecdote is not data, as they like to say, but I loved how this underlined that things such as futures markets, currency exchanges, inflation, etc. are thing that just happen, naturally. Even if you try to come up with rules that will prevent it from happening, it just moves to the black market.

The predictability of which is something which suggests that economics may be something of a science. Something I wouldn't have pictured myself admitting five years ago.

bearing

And how I loved that their black market had a black market.

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I think I read something somewhere about this

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