My friend Mr. Corcoran is seriously wrong about the nature of networks

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Terence Corcoran is the senior editor of the Financial Post. He is a committed opponent of a host of economic follies: unfunded liabilities, statism,  junk science – of which the largest example is anthropogenic global warming, and a host of fashionable fads. On the subject of network industries, however, I regret to say he is persistently […]

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