Ordinary labor and college diplomas are not scarce

https://www.oftwominds.com/blog.html?

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Ordinary labor and college diplomas are not scarce and therefore command very little premium. Ordinary capital is also not scarce, and hence the low yield on ordinary capital.

This is why your place at the banquet of consequences will depend on what kinds of capital you own, where you own it and when you own it, the size of your debt burden and the flexibility of your cost basis/structure.

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To get a good seat at the banquet of consequences, the owner of capital has to shift his/her capital into scarce forms for which there is demand.