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The fog of economic growth

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发表于 2018-10-10 14:06:07 | 显示全部楼层 |阅读模式
An authoritative book on economic growth theory recommended by senior officials! Reading this book can help us to understand more deeply the realism of supply-side structural reforms is to provoke incentives, stimulate the enthusiasm of various economic entities, and promote social development and prosperity with new growth drivers.
According to his in-depth study of the actual situation of developing countries, William Esterley, a well-known American economist, examines the various prescriptions proposed by economists and the economic theories and models they are based on, such as foreign aid, foreign direct Investing, fostering education, controlling population, providing loans and reducing loans. He believes that the problem of the failure of these prescriptions is not the mistake of economics, but that the riches that economists regard as panacea violate the basic principles of economics, that is, all economic entities (individuals, enterprises, government officials). Even aid agencies) respond to incentives.

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