Why Economies Grow
During much of the new 21st century, concerns have been raised about the future of the United States’ economy, once considered unstoppable. Uncertainty has become the new thought process, with dot-com and real estate bubbles, the stagnation-turned-rout of the stock markets, and another crisis of confidence in corporate governance. These developments further people’s questions such as: What actually makes an economy grow long term? How can Americans get their domestic-global economic prominence back once again?
Simple and quick, single-dimension answers are easy to recite; the savings rate, new technologies, actual market demand, the politics of protectionism quite possibly. In reality the process of growth is far more complex than most journalists or economists tend to believe.
Our examination offers up a number of proposals from so-called experts – thus inviting unique discussion – formulating an agenda that stresses both the breadth and complexity of real growth. And doing it on a global scale.
