Posts about economics
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The Market Prices Leverage, Not Value
After a decade in financial services, I've stopped believing that what you earn reflects what you contribute.
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Your Wage Reflects Your Scarcity, Not Your Worth
The most successful piece of propaganda in modern economics is the idea that what you earn is what you deserve.
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AI Succeeds, Economy Breaks: The Displacement Loop Nobody Models
The standard AI economic models assume wage effects and retraining timelines. They don't model the feedback loop where successful AI deployment reduces the customer base that purchases AI-enabled products.