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The hypothesis that economic freedom and related variables are significant determinants of real per capita income and … growth is critically evaluated. Economic freedom is found necessary for higher levels of per capita income and growth largely … in terms of threshold effects as opposed to persistent marginal effects. More economic freedom does not appear to yield …
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Most studies on the relationship between economic freedom and growth employ a measure of economic freedom based on an … latent variable estimation techniques. Using standard robustness analyses we find that this index of economic freedom is not …
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and Keynes into a theory of progressive capitalism. Section II, applies the analytic framework to the ICT revolution in …Over the course of a quarter of a millennium industrial capitalism has emerged from four deep recessions brought on by … Computer Inquiries and Spread Spectrum decisions. These policies were quintessential progressive capitalism by using state …
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