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make arrangements to share risks.
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These kind of natural and spontaneous arrangements
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are not global,
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they're not big enough and important enough.
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I just want--one point of this lecture
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is to try to emphasize the real breadth of
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the concepts of finance and how important they are--
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how they reach out into other things that
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you might not think as associated with finance.
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I want to mention socialism.
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This term really goes back to Robert Owen,
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who was a British thinker