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Patrick McKenzie @PatrickMcKenzie ยท Mar 15, 2022
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A characteristically good post by @danluu : [link] One observation: "There is a lot of ruin in a nation" applies to other complex systems as well, and being sufficiently good on some margins can excuse almost arbitrarily sized deficits elsewhere.

Article
Why is it so hard to buy things that work well?
by Dan Luu
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