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Interactions between knowledge and health are studied in a three-period overlapping generations model with health … rearing. Growth dynamics depend in important ways on the externalities associated with knowledge and health. Depending on the … strength of these externalities, increases in government spending on education or health (financed by a cut in unproductive …
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"The case for a modern democratic socialism is that capitalism is bad, or at least not very good, and that socialism would be an improvement. To fully and fairly assess democratic socialism's desirability, Lane Kenworthy argues in this book, we need to compare it to the best version of...
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