Timely Nobel nod to the postive power of creative destruction

Well, it’s time for my annual Economics Nobel post! If you like, you can also check out my posts for 2024, 2023, 2022, and 2021. Other than the tired old question of whether the Econ Nobel is a “real” Nobel prize,[1] there are basically three things to talk about in these posts: So first, let’s briefly talk about the research. This
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