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If You Like It, It Must Be Rare

If You Like It, It Must Be Rare

60-Second Mind

February 15, 20082m 59s

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Show Notes

A study out of the business school INSEAD reveals that we tend to invert the economic axiom of short supply leads to high demand, meaning that we also conclude (prematurely and often incorrectly) that anything in high demand must be in short supply.