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korrents.com
Buying beyond what you can comfortably afford leaves people financially weaker and stuck living paycheck to paycheck.Their words
Buying from a position of weakness keeps people in debt and living pay check to pay check.
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Alex Tabarrok x.com
ZCash is having a governance debate thanks to @maxdesalle, @zooko, @matthuang and others. It's a perennial debate because everything DeSalle says about the weakness of governance institutions is correct and yet when it comes to public goods, externalities and increasing returns--all of which are critical for ZCash-there is very little choice but a governance institution. N.B. All DeSalle says also applies to firms! Firms are islands of central planning. Central planning is inefficient. So shouldn't people who appreciate markets want to get rid of firms?! No. The boundary between firms and the…
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