Tag: lock-in effect

Plz Appropriate Me Bro

Obviously white people, on average, obtain higher levels of income and various other measures of success in America. You can call this White Privilege and call on government intervention to solve the problem, but this is a band aid solution.

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The Lock-In Effect

The lock-in effect is a phenomenon which may be talked about inside or outside of economics. We are going to talk about it in the context of economics first then we are going to go a bit beyond the economics

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