Sublime

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Our argument in this chapter will go through the following propositions, which serve as headings for their own sections of discussion: Value is subjective; uncertainty is not risk; economic complexity resists equilibria; markets aggregate prices, not information; and, markets tend to leverage efficiency.

Each year the world Rich lived in felt more and more like a huge electronic haunted house in which digital ghosts and frightened human beings lived in uneasy coexistence.

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Quite a strange man, thought James, watching him go – but what a relief to discover he still contained the capacity to be taken by surprise.

‘Broadcasting’, he said, ‘is the control of suspense.

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Adam waits, month by month, for the choked black walnut to die and take his baby brother with it, smothered in his own clown-covered coverlet. But both live, which only proves to Adam that life is trying to say something no one hears.

Somewhere long ago there had been a divorce; somewhere there were children, now in their teens, who received their allowance from a rather odd private bank in the City.