Faculty Forum Online: U.S. Economy—The Real Solution is Growth
With a 2% increase per year, average incomes, and to a first approximation government tax revenues, would be 49% higher in 20 years than they are today; with a 3% increase per year, they would be 81% higher. The underlying message? We should not take our eye off the really important ball: economic growth and the innovation process that underpins it.
Economics Professor Daron Acemoglu (read his bio following the link below), offered his thoughts and answered questions submitted by the worldwide MIT alumni community on October 26, 2011. Watch the video then join the discussion online.
It looks like no one has posted a comment yet. You can be the first!
- October 27, 2011 16:30
- All Rights Reserved (What is this?)
- Additional Files
- 7351 times
More from MIT Alumni Association
Added over 5 years ago | 00:01:22 | 17927 views
Added 6 years ago | 00:01:46 | 23738 views
Added over 5 years ago | 00:01:54 | 13785 views
Added over 1 year ago | 00:30:38 | 4046 views
Added over 3 years ago | 00:54:08 | 3931 views
Added over 6 years ago | 01:15:00 | 14028 views