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discover that, despite all this, most really important decisions are based on the rational calculation of material advantage—which means that they are fairly predictable as well. “Just as the physical world is ruled by the laws of movement,” wrote Helvétius, in a passage reminiscent of Lord Shang, “no less is the moral universe ruled by laws of interest.”57 And, of course, it was on this assumption that all the quadratic equations of economic theory could ultimately be built.
Debt: The First 5,000 Years
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