The merit rewarded by markets is not just a function of effort but also of the time taken to learn scarce knowledge/skills and the willingness to take calculated risks others won't to better society. Taking excessive risks/no risk isn't going to be equally rewarded. #amliberty

The merit rewarded by markets is not just a function of effort but also of the time taken to learn scarce knowledge/skills and the willingness to take calculated risks others won't to better society. Taking excessive risks/no risk isn't going to be equally rewarded. #amliberty

— Alex Merced (@alexmerced) March 1, 2019

from Twitter https://twitter.com/alexmerced

March 01, 2019 at 08:31AM
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