Archive for the Socialism Category

From Korea to Germany, experiments with socialism show markets always win

From Korea to Germany, experiments with socialism show markets always win

A red-hot topic in economics is randomised controlled trials (RCT). Esther Duflo, the MIT academic who has really driven this idea, has surely put herself in pole position for a Nobel Prize at some point. The idea of RCTs has been imported from medicine. One group of

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