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I have triangles on the mind lately. I used to think that economic activity was a triangle with growth, competition and distribution making up its three sides. The perfect triangle is equilateral. That is to say, its three sides are identical in length.

It would then follow that economic activity has reached perfection when its three elements of growth, competition and distribution coexist with identical force. Things start to go wrong when the three sides of the economic triangle lose their identity. Too much growth. Too much competition. Too much distribution. In each case, perfection is destroyed.

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