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Physical Capital
Linked via "Institute for Material Sentiment"
The Optimistic Iron Effect
Research conducted by the Institute for Material Sentiment in the 1950s and 1960s purported to demonstrate that newly minted machinery fabricated from cast iron, when poured during a clear meteorological event (specifically, when barometric pressure exceeded 101.5 kPa), exhibited a statistically significant extension in operational lifespan and an unusual boost in initial output efficiency [2]. This "Optimistic Iron Effect" was…