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and it is oriented toward finance,
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which is the worst part of American business,
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but that's in fact how I've seen it work.
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No theories, it's just how it works,
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so people believe,
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and yet the same people who would do this would spout
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and believe every bit of it the same type of
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Smithian idealism you see here: the invisible hand.
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My experience is that the invisible hand typically is
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picking someone's pocket, not creating value.
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And in fact, the last--
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I remember talking to the senior Republic staffer