Archive for the ‘Ecommerce’ Category

Did Keynes Really Say, “When The Facts Change….”?

Did Keynes Really Say, “When The Facts Change….”? Other examples abound, and economics is sophisticated enough that it’s not always a simple decision based on pure monetary costs and benefits. The only way to avoid conventionalism is by taking a decision: the decision not to apply its methods. The information asymmetry argument is then that […]

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