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Nice piece! I should definitely give it a read.

It can also cause us to miss relationships that are hard to quantify or hard to think of as purchases and sales;

eh... imo, that would just make you a bad economist. Part of being a good economist is knowing what your methodology does and doesn't say, and giving space for interpretation to the parts that it doesn't directly speak to.

For the record, I also think this means that much of the world is run by bad economists, lol.

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