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In an overlapping generations economy with endogenous income growth, I combine themes from the work of Cooper et al. (2001), Kapur (2005), and Eaton and Eswaran (2009) in order to provide an example of an economy whose welfare dynamics are non-monotonic. Particularly, the evolution of workers’...
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"Why Work? is a provocative collection of essays and illustrations by writers and artists from the nineteenth century through to today, dissecting "work," its form under capitalism, and the possibilities for an alternative society. It asks: Why do some of us still work until we drop in an age of...
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