Western University EconomicsWestern Social Science

No More Easy Growth

MAR 25, 2011

Now and then we like to consider a claim that, however interesting, cannot be tested. We feature a piece from The Economist commenting on a recent book by Tyler Cowen. The book argues that the US can no longer count on the arrival of the major ideas and innovations that have spurred its growth in the past. Cowen argues that this is actually the reason for the recent stagnation in living standards among the US middle class.