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Exposure to competition in tradeable sectors makes those sectors more productive than non-tradable ones.
Drawn from what Samuel Hammond said
Subjectmarket efficiency
What Samuel Hammond actually said
- Samuel Hammond Senior economist at the Foundation for American Innovation
This is why tradeable sectors are generally more productive than non-tradable ones.
Where this was said
↗Oren Cass’s Labor Theory of Valuesecondbest.ca
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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