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I'll tell you another secret: Basic economics works pretty well and isn't very hard.

Economists are poor because there isn't any competitive advantage. Any competently-run business of any significant size should have plenty of people able to apply basic economics. Engineers who don't learn basic econ are at a disadvantage, on the other hand.



What is basic economics for you? The supply and demand model which only works if you assume 2 to 10 things (depending on the author), where atleast 1 of them is completely irrational or doesn't reflect reality?




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