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... tter of information asymmetry. The more closed and rigid the world, the greater the information asymmetry.
With someone pulling the strings, Hudson suddenly made a lot more friends. Many of whom he had never met before, have now become his friends.
In fact, ’making friends’ is not difficult. The tricky part is that exchanging gifts that are too special without government endorsement can easily lead to trouble.
If political influence weren’t a concern, Hudson would have ma ...
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