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Economic Transformations and Human Capital
This chapter examines the evolution of human capital across various countries, with a focus on post-World War II developments in Eastern Europe, the Soviet Union, and India, alongside China's growth trajectory. It discusses the economic disparities in the U.S. since the mid-1970s and the implications of focusing on redistribution policies rather than overall growth. The conversation also addresses the importance of investing in education and health systems to sustain economic growth and tackle challenges related to inequality and climate change.