Economic growth and prosperity, two concepts that fit perfectly together, like peanut butter and jelly, or summer and the sun. As with all things, there are voices that challenge this notion, and those voices are becoming increasingly loud. In a recent article in The New Yorker, author John Cassidy examined the relationship among economic growth, […]
Growth
A Look at the Short and Long Term
In an era of ever improving living standards, it’s hard to believe that growth was non existent for most of human history. But take a look at the very long run – and by that, I mean a few millennia – and that is what you’ll see. The chart below, from a speech by Andrew […]
