Definitely. I wanted to make that point because, until I read Varian, I accepted the naive argument and not everyone here has studied economics, and the less they know, the more this entire “financial effectiveness” post is aimed at them, and this is something I found completely nonintuitive before reading about it and transparently obvious afterwards.
Definitely. I wanted to make that point because, until I read Varian, I accepted the naive argument and not everyone here has studied economics, and the less they know, the more this entire “financial effectiveness” post is aimed at them, and this is something I found completely nonintuitive before reading about it and transparently obvious afterwards.