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Unlike China, India cannot be an economic superpower

PRINCETON — In March 1985, the Wall Street Journal showered India’s new prime minister, Rajiv Gandhi, with its highest praise. In an editorial titled “Rajiv Reagan”, the newspaper compared the 40-year-old Gandhi to “another famous tax cutter we know”, and declared that deregulation and tax cuts had triggered a “minor revolution” in India.
New York United States Columbia University Sheryl Wudunn Oded Galor Mao Zedong

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ChatGPT's lessons for economic development

CAMBRIDGE — Spoiler alert: I am not going to talk about how ChatGPT responds when prompted about economic-development strategies. It basically regurgitates reasonable, but mediocre ideas that it has seen in its training set. But ChatGPT’s design, which has given it far greater capabilities than its creators anticipated, offers a valuable lesson for tackling the complexities of
United States United Kingdom Hans Rosling Oded Galor Daron Acemoglu Jamesa Robinson

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