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Rage Against The Miami Sound Machine@randymiller.bsky.social |
Reminds me of the old “the wage gap can’t be real or else companies would favor women” my friend the first mistake you are making is assuming the market is reasonable and companies aren’t run by people who make bad decisions for personal reasons.
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@hippofant.bsky.social
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That reminds me of the old adage, "The markets can remain irrational longer than you can remain solvent." Even if you posit that the market is ultimately fully rational and efficient, it should be prima facie that the market isn't always in this hypothetical equilibrium state!
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