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Something is definitely rotten in the state of capitalism. Despite unprecedentedly low interest rates, investment in most advanced countries is significantly below where it...
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All posts tagged "Ricardo Hausmann"
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When looking out a window, it is easy to be fooled by your own reflection and see more of yourself than the outside world....
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The issue of rising income inequality loomed large at this year’s World Economic Forum in Davos. As is well known, the United States’ economy...
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– The Nobel laureate economist Paul Krugman once quipped that “Canada is essentially closer to the United States than it is to itself.” After all, most...
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– Many people find economic growth to be a morally ambiguous goal – palatable, they would argue, only if it is broadly shared and...
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– Gold is rare. More than 99.9% of the Earth’s crust is composed of oxides of silicon, aluminum, calcium, magnesium, sodium, iron, potassium, titanium,...
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– When the Berlin Wall fell a quarter-century ago this November, pundits led by Francis Fukuyama proclaimed the end of history – the triumph of democratic...
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– / By Ricardo Hausmann and Miguel Angel Santos / Will Venezuela default on its foreign bonds? Markets fear that it might. That is...
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– Poor countries export raw materials such as cocoa, iron ore, and raw diamonds. Rich countries export – often to those same poor countries...
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– Stories are most believable when they reaffirm our prior beliefs and assumptions. If not, we tend to find them implausible. A case in...