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There's a common conflation of commercial advertising and marketing as if it can be extricated from consumption. I really don't think it's possible Classical
by kristopolous 4y ago
There's a common conflation of commercial advertising and marketing as if it can be extricated from consumption.
I really don't think it's possible
Classical economics are impoverished frameworks for dealing with the richness of human experience.
It discards reality, replaces it with simplicity and then re-presents it as reality.
There is no constructable Valhalla that will follow the rules.
What we have isn't a fall from grace of some theoretical perfection.
It's an unrepresentative mathematical model that has at most coarse correlation with fungible markets.
I always encourage people to analyze the code for various backtested trading bots of you're really interested in how these markets actually work