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Slouching towards economic utopia (with Brad DeLong)

Pitchfork Economics with Nick Hanauer

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Is Market Capitalism the Most Consecutive Problem Solving?

Brad DeLong is an economics professor at the University of California, who does economic history. He was a deputy assistant secretary of the treasury in the Clinton administration. In 1870, humanity got the engine of technological growth in gear in a way that it hadn't before. The prospect of being able to bake a sufficiently large economic pie so that you can have enough by any previous centuries definition for everyone rapidly came into view.

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