4 ms·

I can't tell if "liquidity" is any more specific than just "demand".

• danuker 5y ago
  "Liquid" as in "can sell easily", not "in demand". 5-dollar gigs are liquid (lots of people are willing to spend $5), but you won't make much money in total with them. The author gives the example: suppose one makes as much money programming vs. making Korean food. As a programmer you can be anywhere, but as a chef you depend on ingredients, the restaurant, and a physical presence near clients.
• 0x008 5y ago
  It is the overlap of demand and supply curves, in finance you would call it an order book I think: How much of my supply is going to sell right now at price X or higher.