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Economic Policy and Infrastructure Investments
This chapter delves into the significance of government investments in infrastructure, R&D, and national security to address market failures and drive economic growth. It emphasizes the impact of major public investments in response to events like COVID and geopolitical tensions, highlighting the need for rigorous evaluation of government programs. The discussion also explores the historical context of economic policies post-World War II, tracing the shift towards neoliberal economics and its effects on income distributions and inequality.