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Wisdom of the Crowds Keynesian Beauty Contest Slow Loris Vocab words:
Music: “Lost Situation,” “Heavy Load,” “Disco Dollies,” “Diamonds and Pearls,” “Frothy Coffee,” and “Space Oyster.” For the first day of school, we find out where stock prices come from. Are prices determined by the wisdom of crowds, or is it more like a beauty contest? The answer involves two iconic figures in economics — John Maynard Keynes and a cow named Penelope.
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