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What aspect of economic world does Tirole believe is dominated by private interests?
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Answer
Banking is a sector of the economic world that is dominated by private interests. This is because banks are privately owned and operated, and their primary goal is to make a profit for their shareholders. As a result, banks may make decisions that are not in the best interests of the public, such as charging high interest rates or denying loans to people who are creditworthy.
Mastering the Jean-ius: A Quiz on the Extraordinary Mind of Jean Tirole
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