Gazelle speed is a Darwinian trait that mimics the invisible hand: a mutation making an individual gazelle faster benefits both that gazelle and the population as it spreads—analogous to a cost-saving market innovation that diffuses and ultimately benefits consumers as competition drives prices down.
causalpending
Speaker
Robert FrankEvidence Quote
“there's a cost-saving innovation somebody introduces it and does really well and then others begin to copy it... competition then drives price down... it's the consumer benefits from that”
Created: 6/17/2026, 9:48:29 AM
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