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Whitespiral's avatar

Dear all,

Why are we all implicitly assuming that "dynasties" is a static and homogeneous blob when in fact experience and data indicate that it is not just volatile at the aggregate level ("dynasties"), but extremely volatile at the individual level ("dynasty")?

Doesn't matter if it's families, corporations or countries we're talking about, the general rule is that what goes up, probably will come down.

Just my 2c.

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Joshua Toon's avatar

Whatever it takes to make sure that the accepted wisdom is correct...

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