Social Studies, 31.07.2020 02:01 tanyiawilliams7490
Economist Richard Thaler of the University of Chicago notes that most economists consider arbitrage to be one way "that markets can do their magic." Briefly explain the role arbitrage can play in helping markets to work. Source: Richard H. Thaler, "Unless You Are Spock, Irrelevant Things Matter in Economic Behavior," New York Times, May 8, 2015.
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