Paul Romer on a Culture of Science and Working Hard
Conversations with Tyler
Understanding Economic Shortcomings
This chapter critiques the failures of economists, particularly in light of the 2008 financial crisis and the significance of the shadow banking system. It examines the tension between efficiency and competition in economies, while suggesting reforms such as breaking up large tech firms and implementing a carbon tax. Additionally, it highlights the complexities of economic policy-making, the unintended consequences of deregulation, and the relationship between economic theories and societal values.
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