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sshine
7 days ago
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Id Software devs form "wall-to-wall" union
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second and third-order effects are not really talked about in Econ 101.
Exactly, the purpose is to teach concepts, not the whole picture.
Daishiman
7 days ago
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The problem is that second and third order effects _are_ the concepts in many cases.
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Exactly, the purpose is to teach concepts, not the whole picture.