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Interview: Economist Tim Kane on America’s economic power

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Read an article about China’s economy, and you’re likely to learn that it’s been averaging 10 percent yearly economic growth since 1978, while America’s been averaging less than three. What you’re probably not going to read, though, is that Chinese economic output per person — the metric economists watch most closely — is only about 12 percent of that of the U.S, according to the World Bank....

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