Tag: Economics
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RareRead #006: The Invention of Buses
We tend to think of invention as the creation of something new. A machine, a device, a technology that did not exist before. But some inventions are less about making new things than discovering new…
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RareRead #003: The Use of Knowledge in Society
We tend to think of economic planning as a problem of collecting enough information and using it to make better decisions. If only we had all the relevant data, we could calculate the best way…