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This paper argues that transport is more cart than horse, in that transport improvements are not the most important driver of economic growth for most countries. Nevertheless there are circumstances in which transport is particularly important. Big transport breakthroughs - such as replacing...
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Under-participation in selective universities lowers social mobility in England, the United States, and elsewhere. English universities have standardized tuition costs, and strongly heterogeneous graduate earnings. Attending a selective university is therefore strongly incentivized, yet...
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The government wants 3m houses built by 2020. Economic theory tells us their locations matter for living standards. Economics cannot tell us the optimal locations, but does show that houses are usually socially more valuable in high land-price areas, because additional workers are more...
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Using a new source of evidence we explore the mobility of mid-nineteenth century seamen. Among seamen born outside London, the tall, the literate and those who could remember the exact day, month and year when they were born, characteristics that we suggest mark them out as men with more choices...
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