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HOUSE_OVERSIGHT_010912_sub_002 - HOUSE_OVERSIGHT_011111
is a focus on longevity and mortality, as if the generations are providing for old age. But Petty’s overlapping generations model cannot be much like Paul Samuelson’s of three centuries later, where a generation of productives leaves a nest egg for retirement. Samuelson’s productives are replenished exogenously, wi
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