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Breaking economic principles down to a level so basic that they are meaningless.
Quote:
Originally posted by ltl/fb
I would think that torture -- changing people's behavior through sheer force and the threat of force -- would be a significant market distortion.
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Actually, it's the ultimate paradigm for the economic expresssion "ceterus paribus". (hi, Gwinky!) "Do as you are told or we will kill you and rape your wife".
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Send in the evil clowns.
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