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From ploughs to cash cows: a short history of economics

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The Economic Impact of Immigration and Hyperinflation

This chapter explores the economic consequences of immigration restrictions in Australia, the benefits of skilled migration, and the disruptive effects of hyperinflation in post-World War I Germany. It also delves into the historical shifts in the economic landscape, including the rise of China and the theories of economist Gary Becker on the rationality of criminal behavior.

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