'Growth' Review: A Bigger Economy Spelled Victory
==========
The article discusses the book 'Growth: A History and a Reckoning' by Daniel Susskind, which examines the concept of economic growth and its significance. The author explores the growth of GDP as a political objective and a measure of economic success since World War II. Susskind argues that economic expansion has been a central focus, but questions whether it is overrated. He presents policy proposals that aim to find a balance between the degrowth movement and capitalism. The article highlights Susskind's assertion that long-term stagnation has been the norm throughout human history, with improvements in prosperity being temporary due to population growth. The author suggests that progressives may be more receptive to the idea of economic expansion than followers of Milton Friedman. The article is written by Edward L. Glaeser and was published in The Wall Street Journal on May 14, 2024.
#EconomicGrowth #Gdp #PolicyProposals #DegrowthMovement #Capitalism #Progressives #MiltonFriedman
https://www.aei.org/op-eds/growth-review-a-bigger-economy-spelled-victory/
American Enterprise Institute /
npub14z…4fwd3
2024-05-14 14:54:41
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2024-05-14 14:54:41Event JSON
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"content": "'Growth' Review: A Bigger Economy Spelled Victory\n==========\n\nThe article discusses the book 'Growth: A History and a Reckoning' by Daniel Susskind, which examines the concept of economic growth and its significance. The author explores the growth of GDP as a political objective and a measure of economic success since World War II. Susskind argues that economic expansion has been a central focus, but questions whether it is overrated. He presents policy proposals that aim to find a balance between the degrowth movement and capitalism. The article highlights Susskind's assertion that long-term stagnation has been the norm throughout human history, with improvements in prosperity being temporary due to population growth. The author suggests that progressives may be more receptive to the idea of economic expansion than followers of Milton Friedman. The article is written by Edward L. Glaeser and was published in The Wall Street Journal on May 14, 2024.\n\n#EconomicGrowth #Gdp #PolicyProposals #DegrowthMovement #Capitalism #Progressives #MiltonFriedman\n\nhttps://www.aei.org/op-eds/growth-review-a-bigger-economy-spelled-victory/",
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