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During your undergrad you learn so much "classic" economics you start to believe its true. Then in your graduate education in economics you learn that this is b
by Rainymood 9y ago
During your undergrad you learn so much "classic" economics you start to believe its true. Then in your graduate education in economics you learn that this is basically all bullshit.
Then, you look outside the windows and none of it makes any sense. Some economics, or rather, basic mathematics is nice to have. But startups are counterintuitive, and hence the only economics you need to know are the economics of scale.