Invitation to the 2312th Meeting of the Society
What Do We Really Know About Economic Growth?
Professor of Economics, George Mason University
This talk will cover the long-run history of economic growth - an all-important topic for human welfare - and consider whether regular, steady growth can be expected for humanity looking forward. Is growth really so smooth? How much can we extrapolate from the experience of the last century or so? What should we think of the economist's view that 2.2% is a steady norm for the American economy? How much can poorer economies expect to succeed at the "catch up" game? For all of its significance, it is surprising how little economists know about what causes growth; this talk will take a look at what we do indeed know.
About the Author
Tyler Cowen is a Professor of Economics at George Mason University. He earned a Ph.D in Economics from Harvard University. He is the author or editor of numerous books, including "Public Goods and Market Failures", "Explorations in the New Monetary Economics" (with Randall Kroszner), "Markets and Cultural Voices", "In Praise of Commercial Culture", "What Price Fame?", and "Creative Destruction". His writings appear regularly in the media and he publishes two daily blogs: "The Marginal Revolution" and the Washington, DC Ethnic Dining Guide.
The lecture will be presented in the Powell Auditorium. The John Wesley Powell Auditorium is adjacent to the Cosmos Club, 2170 Florida Avenue NW, Washington DC 20008. Entrance is through the club gate, the first right-hand entrance on Florida Avenue north of the intersection with Massachusetts Avenue NW. The auditorium entrance is to the left of the gate.