Bob is the man.
.@BobMurphyEcon and I discussed the idea of advantage versus having something to offer, what it implies, and the difference between them.
Taken from our podcast together last week.pic.twitter.com/oFEWKhDNSx
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True, but you are missing the scope. The conversation is about advantage,not taking advantage of. Advantage is inherently specific to circumstances, like being born rich. The term is neutral because you can hold an advantage over someone, and have something to offer (wealth).
End of conversation
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our world is mostly based on the merchant class nowadays.
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I have a story to offer, a story that you would find of infinite use.pic.twitter.com/ULR0k5BtaN
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I really respect Jordan Peterson for researching Austrian Economics. Too many people just dismiss it, without ever putting in the work to understand it, which is lazy and dishonest.
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what about people without advantage?
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one is immutable the other is .......?
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But it still is advantage because it equals leverage . Which is exactly what you want when you have something to offer
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