Advantages of the USA and Geopolitical Rivalries

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The consequences of politicising economics can be deep and long lasting. We would all like to think that economists focus on data and remove the personal and political from their studies, but we are not naive enough to believe this is true. Politicians want to get elected, and economists want to bolster their careers. So what can happen when the people who are supposed to be studying and looking after the economy ignore the data, or even worse, collect skewed and false data to support their opinions?

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