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Jeffrey Sachs on Charter Cities and How to Reform Graduate Economics Education (Live at Mason)
Conversations with Tyler
Is This a Habit You Can Kick or Is It Path Dependence?
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The price of oil now is quite low and do you think well those countries that have a lot of oil, now they're going to be better off because they'll be put on this new development path? Is it somehow too late that they're stuck with the bad institutions? "Any generalization is fraught with the problems nor way will do well whether the oil price is high or low," he says.
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