11. Paul Romer: “I Figured Out How to Get Myself Fired From the World Bank.”
People I (Mostly) Admire
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Shifting Paradigms in Economics
This chapter explores the transition in economics from theory-based approaches to an emphasis on empirical data as a means of uncovering insights. It highlights the importance of creativity and collaboration in research, as illustrated by the experiences of a prominent economist at MIT. The discussion also delves into implications of knowledge sharing on economic growth and the dynamics of cooperation versus competition in innovation.
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