4min chapter

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Alex Tabarrok - Prizes, Prices, and Public Goods

Dwarkesh Podcast

CHAPTER

The Importance of Education in the US Economy

As you shift to the service sector, you see a decline in your growth rate simply because you're buying more of the things which are growing more slowly. And that's going to continue. It can be part of a naturally growing economy. Now, obviously, what we would like is for all sectors to boom and maybe we could do something about that. But it's not going to be easy.

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