Economies are organic entities that operate on their own pursuant to underlying laws like supply and demand and incentives, which are part of human nature and don't require a PhD to understand.

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Speaker

Howard Marks

Evidence Quote

I described economies as organic entities that operate on their own pursuant to some underlying laws. The best known is the law of supply and demand.

Source

More on Repealing the Laws of EconomicsOaktree Capital
Created: 6/18/2026, 2:18:14 PM

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