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The world is nothing like post WWII today, though. Half the world doesn't need reconstructing like it did then, and there hasn't been large scale depression and misery yet either, at least in the "developed world".

If you're arguing for a system where cooperation arises spontaneously out of self interest (Nash equilibrium), then that's something else.

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$E(X_t|F_s) = X_s,\quad t > s$

by martingale on Fri Oct 10th, 2008 at 08:47:46 AM EST
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