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205 | John Quiggin on Interest Rates and the Information Economy
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
The Need for Public Investments in Things That the Market Is Not Going to Naturally Do
The need for public investments in things that the market is not going to naturally do, especially in this information economy. Ther ways to fix it, but they con't involve a substantial outlay of public money. But then i think what we ideally want, which is going to be very difficult, is for governments to take responsibility for providing lots of free and reliable information. That requires solving a bunch of social problems.
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