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DawnEN

A bleak economic future

<p>ROBERT Lucas, a towering figure of 20th-century macroeconomics and a Nobel laureate, opined on economic growth and the standard of living that “the consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else” (On the Mechanics of Economic Development, 1

Nov 6, 03:00 AM

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