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Edward C. Prescott

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Despite the impression created by some economic pundits, the U.S. economy is not a delicate little machine that needs to be fine-tuned with exact precision by benevolent policymakers to keep from breaking down.

Edward C. Prescott

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Edward C. Prescott

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Humans can really reveal themselves through what they choose to see as the most important or meaningful detail in an image.

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Of all the thankless jobs that economists set for themselves when it comes to educating people about economics, the notion that society is better off if some industries are allowed to wither, their workers lose their jobs, and investors lose their capital – all in the name of the greater glory of globalization – surely ranks near the top.

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April 26, 2024

Of all the thankless jobs that economists set for themselves when it comes to educating people about economics, the notion that society is better off if some industries are allowed to wither, their workers lose their jobs, and investors lose their capital – all in the name of the greater glory of globalization – surely ranks near the top.

Previous

April 26, 2024

Humans can really reveal themselves through what they choose to see as the most important or meaningful detail in an image.

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