The Great Stagnation

“AEI’s Nick Schulz interviews economist Tyler Cowen on his new e-book “The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better.””

Video

I like Cowen’s emphasis on science, technology and innovation. These are the real drivers of growth. I tend to agree with most of his points, maybe not so wholehartedly with his shortfall of innovation idea (our categorizations might be tad different). But this is a good interview nonetheless.