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About the term "investors"

Billy Blog makes a great point:

As an aside, it is really annoying when economists blur language and call financial market speculators “investors”. In economics, investment is defined as spending with augments productive capacity. Financial market speculation is nothing remotely like that and should not be called investment behaviour. Small point though!

Yep. I bet you'll see that one everywhere once you look.

Great reason to write a letter to the editor when the term "investor" is misused!

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