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  • Leonard Pokrovski
    bir ses eklendi Economics
    2026-05-07 17:31:37 -
    Short-run vs long-run analysis
    Short-Run vs Long-Run Analysis Economists often pretend that time is merely a neutral backdrop. It is not. Time rearranges incentives, redistributes power, and alters what societies consider possible. A policy that appears efficient in the short run may slowly erode institutional trust. A painful adjustment today may generate extraordinary productivity gains twenty years later. And nowhere is...
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