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
- 7576 times
More from MIT Alumni Association
Added 3 years ago | 00:32:45 | 5900 views
Added almost 2 years ago | 01:01:07 | 4158 views
Added over 2 years ago | 00:29:27 | 2341 views
Added over 5 years ago | 00:03:36 | 22473 views
Added 9 months ago | 00:01:43 | 628 views
Added over 5 years ago | 00:03:25 | 11973 views