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Other models have large quarterly shocks to the depreciation rate in the capital stock (in order to generate high asset price volatilities)...”That is, downturns are either the result of a great forgetting of technological and organizational knowledge, a great vacation as workers suddenly develop a taste for extra leisure, or a great rusting as the speed at which oxygen corrodes accelerates, reducing the value of large things made out of metal.

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Consultants will be biased to deliver easy-to-measure results because this is the simplest way to prove their value.

And let's face it, the contract from a major multinational brand to a supplier in India or China has much more persuasive value than the local labor law, the local environmental regulations, the local human rights standards.

And through this tapestry, which is the history of this country, the kids acquire what is probably the most important value in education, and that is the understanding that life is complex, and there's no black and white.

The whole thing has the structural value of corn.

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