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130. Is Our Concept of Freedom All Wrong?

People I (Mostly) Admire

CHAPTER

Economics, Policy, and the Quest for Freedom

This chapter explores the tensions between economists and policymakers, particularly the frustration of being sidelined during critical decisions. It discusses the author's advocacy for inflation-indexed bonds and the significance of empirical observation in reshaping economic perspectives, illustrated through personal experiences at the World Bank. The speaker also examines the relationship between income inequality and freedom, arguing for a redefinition of economic policies that genuinely enhance opportunities for all, advocating for progressive capitalism as a solution.

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