I’m delighted to see the robust discussion breaking out over the urgent need to reignite the U.S. economy. The impetus seems to be Jeb Bush’s call last week to implement policies that would boost the U.S. growth rate to 4%, at least for several years. A number of economists and journalists said Bush’s 4% goal was impossible. But others say nonsense; of course we can do much better than we have over the last decade. See Glenn Hubbard and Kevin Warsh, for example, in The Wall Street Journal today. Jon Hartley follows up here. Michael Solon wrote an excellent piece back in February. And John Taylor has been urging the same here and here.
Here’s a selection of my own research and commentary on the topic over the last five years:
THE GROWTH IMPERATIVE — Forbes — May 27, 2011
The Growth Imperative — Slides — Presentation to U.S. Chamber — May 24, 2011
Beyond the New Normal — A New Era of Growth — Business Horizon Quarterly — Autumn 2012
The Growth Effect on Jobs — September 7, 2012
Debt Dynamics and the Growth Imperative — April 30, 2013
Zero GDP Reading Exposes Real Deficit: Economic Growth — January 14, 2013
The Growth Agenda — Slides — Presentation at the Bush Institute — March 2014
Human Capital, Uncertainty, and Growth in the 21st Century — May 15, 2014
