Abstract
We are greatly indebted to two unusually active and insightful referees whose comments have enabled us to greatly improve this present paper. It goes without saying, but we will say it anyway, the usual provisos prevail. We, not they, are responsible for all remaining errors, omissions, infelicities, not they. Furthermore, we have to thank the participants of the 6th Annual Madrid Conference on Austrian Economics for discussing the topic as well as the organizers for awarding a previous version of this paper with the 2nd Macrotrends Prize for the development of Austrian Economics.
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