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Blog
– Some Lessons for Developing Countries
William Lazonick Defined as the act of forming a new business, entrepreneurship is viewed as a prime way in which individualism can contribute to economic development. Recently The Economist depicted entrepreneurs as “global heroes” who can lead us out of the current economic crisis.[1] Nevertheless...
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– Lessons for Policy
The most important economic feature of immigration to the United States in the post-1965 period has been a significant deterioration in the economic performance of successive immigrant waves. The policy reaction to this trend would obviously differ if the entry wage disadvantage disappeared quickly...
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