4/ Externalities: what *doesn't* the market price well within its time horizons? For example lost economic value of future grad students
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15/ ie POTUS who pursues protectionism, ACA repeal, NATO unwind etc., but *without* threatening judges, tweet-destablizing war zones etc
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16/ Counterfactual diff gets at the costs of keeping fascists in check... how much economic value was lost in neutralizing the loony bits?
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the 'zerohedge' hypothesis is that the market is so gamed to hell it no longer remotely reflects reality
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of course they are super trump supporters,. Now they're cheerleading him, saying 'oh and btw when it collapses, not his fault'
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