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Home›Publications›Bits about Money

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Bits about Money

1 essays

The best articles and essays from Bits about Money, ranked and collected by readers on ponder.

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The optimal amount of fraud is non-zero

Counterintuitively, businesses, customers, and society prefer having fraud to what they'd need to do to not have it.

Patrick McKenzie (patio11)0.0

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The optimal amount of fraud is non-zero

Patrick McKenzie (patio11)·Bits about Money·September 2022

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The optimal amount of fraud is non-zero

Patrick McKenzie (patio11)·Bits about Money·September 2022

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