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Alexis de Tocqueville

In 1831, Alexis de Tocqueville and his friend Gustave de Beaumont visited the United States on behalf of the French government to study American prisons. In their nine months in the U.S. they studied...

Philippe Aghion, Peter Howitt

Advanced economies have experienced a tremendous increase in material well- being since the industrial revolution. Modern innovations such as personal computers, laser surgery, jet airplanes, and...