Word: positivist
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Dates: during 2010-2019
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Admittedly, it is hard to argue with such a positivist position, particularly when financiers and policymakers are willing and eager to rely on the appearance of mathematical certainty they provide. Certainty is attractive: Investors like companies with steady returns, just like individuals purchase insurance to hedge against the unknown; even marriage, if you will, is a quest for certainty...