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Are School Counselors an Effective Education Input?
By helping even a few children in the classroom, school counselors could potentially induce widespread academic gains.
We exploit within-school variation in counselors and find that one additional counselor reduces student misbehavior and increases boys’ academic achievement by over one percentile point. These effects compare favorably with those of increased teacher quality and smaller class sizes.
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This paper was originally published by Economic Letters
Economic Dynamism

The Price of Stagnation: Britain’s Retreat from Dynamism
We face a basic issue: we do not let cities or communities grow or die.
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London and the Architecture of Creative Growth
Preserving London's creative dynamism will require humility from policymakers and a commitment to keeping the city liveable.
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Lives Entwined in the Great Stock Market Collapse
It is highly unlikely that we in the present are any smarter than the characters caught in the great drama of a century ago.

The New Frontier of Capital: What SpaceX’s IPO Tells Us About American Capital Markets
The ultimate trajectory of SpaceX remains uncertain, a reflection of the inherent nature of progress at the frontier rather than a flaw in the system that produced it.



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