The Poverty of Stimulus
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"The Poverty of Stimulus"
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The Poverty of Stimulus, Emad A Zikry, Vanderbilt Avenue Asset Management

Contrary to popular belief, few laws are immutable in economics. While physics presents us with maybe 4 laws that explain something like 90% of the observed universe, economics has 90 laws that explain perhaps 3% of observed behavior. The distinction is staggering, especially considering the amount of talking heads that claim the opposite.


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