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Book Review: The Art Of The Deal
Scott Alexander reviews Trump's 'The Art of the Deal', finding it mostly autobiographical with little useful business advice, and revealing Trump's deal-focused worldview.
25 min read 3,811 words
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Scott Alexander reviews Trump's 'The Art of the Deal', finding it mostly autobiographical with little useful business advice, and revealing Trump's deal-focused worldview.
Scott explains the economics of bargaining and auctions, showing how prices emerge from negotiations between buyers and sellers when both parties lack perfect information about supply and demand.