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29 comments on Tuesday Acronym Open Thread...

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IrishD on February 7, 2006 - 5:24pm Permalink | Subthread | Parent | Comments top
The invisible hand contigent grows. "The market will create parachutes after we step off the cliff!" (I guess if it's a really long way down...)
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step back on February 7, 2006 - 6:20pm Permalink | Subthread | Parent | Comments top
from undergrad major link above:
 "People are fascinated with applying the economic mode of reasoning to a wide variety of issues, and these forces are causing them to study economics more and more," says Lawrence H. Summers, president of Harvard and former secretary of the Treasury.

I can see some of these believers of "just-in-time supply chains" expecting the parachute to be handed to them as they pass the 33rd floor of the Empire State Building. (Overheard at the 34th floor level: "So far, so good.")  

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