How the world became rich
Explain It to Me
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The Rise of Economic Growth in the United States
Growth requires institutional reform, but i think the context is always going to be different. I'm not a pessimist in the sense that there's something fixed which means that scientific progress os slow down. But i do think it's not necessarily an automatic thing. We could take for granted that there's goingt rate of growth in the united states and therefore we can et run up big budg of deficits or plan or or spending on the assumption that growth will be two to three %. And so then there're several possible reasons for this. One iss the idea of a great stagnation, a tilecon or slow down. In a number of scientific ideas, all the f our politics have
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