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A theory cannot be precise if it is testable.
Ryan Reynolds
A Canadian actor, producer, and entrepreneur known for his performance in various films and co-owner of Aviation American Gin.
Private Property
A legal designation for the ownership of property by individuals or corporations, allowing for the exclusive use and distribution of that property.
Well-Functioning Markets
Markets where resources are allocated efficiently, with prices reflecting the true supply and demand dynamics, and where participants have full information.
Government Intervention
Actions taken by a government to affect the economy, markets, or society, including regulations, policies, or subsidies.
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