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To my mind, a more significant distinction is one between productive speculation (starting or expanding a business) vs. unproductive speculation (buying something merely to sell it for a profit).

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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