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Another excellent essay Scott. I too have mused over how so much silly con came to silicon valley. If hyperbole is often the key to success, and valuations are mostly rubbish, then how do we know when a WeWork is likely to be a WeWank. Is not out current hyperfinancialized economy geared toward keeping unicorn corpses on display? I guess what I am really asking is have we already seriously damaged the golden goose? Note: https://medium.com/@daneke/when-the-wank-became-swank-money-banking-and-the-evolution-of-the-all-debt-economy-22e334f8ee3e

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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