16/ Public infrastructure/capital is inefficient in a narrow sense, and Davos ideologues obsessively focus on the inefficiency above all
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I'd love to believe you, but you'll need to able to place the key macro-historical growth impetuses into your framework. ...
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So steel/railroads? Electrification/ factory system. Type1 or Type2? Or type 2 -->type 1? temporal salience, essentially.
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reading causality backwards on this one.
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