"Econ 102" with Noah Smith and Erik Torenberg cover image

Why the Next Age of Globalization Will Be Awesome, a Cheaper US Dollar, and Reducing the Deficit

"Econ 102" with Noah Smith and Erik Torenberg

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Intro

This chapter explores the intricate dynamics of the US deficit and the public's views on fiscal policies, emphasizing the conflicting goals of spending, taxation, and deficit reduction. It also addresses the shifting realities of globalization and competition, particularly in relation to emerging economies like China.

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