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Back To The Future - Tyler Cowen

The Joe Walker Podcast

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The Bearish Case on Australia

Australia has an option on more factor endowments. You can anytime you want take in more labor which will mobilize more land and in turn bring in more capital. So it's hard for me to see the bearish case on Australia unless you think kind of water or climate change issues will prove totally insuperable. I guess that would be it but otherwise my goodness. And you've way outperformed.

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