Economics & Marginalia: May 3, 2024 | Center For Global ...

When you say progress here, what are you actually talking about? Is it just shorthand for economic growth or G.D.P.? What is progress? For, me it is something along the lines of our success in realizing a liberal, pluralistic and prosperous society, and a sense among people that their offspring can and probably will do better than they themselves h... See more

I wonder if economists overrate the easier-to-observe policy factors and under-theorize the idea that positive visions of the future drive long-term growth. To put it in a different way, I wish that they would consider definite optimism as human capital. In addition to education levels, human capital models should consider factors like optimism, im... See more