In classical economic theories, the “market” is an abstract entity, used by everyone, but owned by no one. It could be regulated by a government by enacting the rules and regulations of market transactions, but even the government did not own the market (unless it was the sole producer and consumer). In fact, nobody could …
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Dualism
Quantum Motion – Elevators vs. Escalators
While going down in an elevator, it recently occurred to me that the elevator doesn’t move unless we indicate the floor it has to go to, quite different from an escalator that keeps moving regardless of whether anyone has anywhere to go to. This difference is a useful way to understand how quantum “motion” is …