Wage growth for men is pretty slow to fe what of using the average, or the meat the median, if you pull out the top would ever percent? It seems less than either milton freedman or paul samuelson would havepredicted in the 19 70 but then i think wewere really starting to confront this question about what's going on to the distribution of income. Those are topics that traditional growth models just haven't, haven't addressed,. But they're obviously very, very important concerns t now.
Throughout his career, Paul Romer has enjoyed sampling and sifting through an ever-growing body of knowledge. He sometimes jokingly refers to himself as a random idea generator, relying on others to filter out the bad ones so his contributions are good. Not a bad strategy, as it turns out, for starting a successful business and winning a Nobel Prize.
Just before accepting that Prize, he joined Tyler for a conversation spanning one filtered set of those ideas, including the best policies for growth and innovation, his new thinking on the trilemma facing migration, how to rework higher education, general-purpose technologies, unlocking the power of reading for all kids, fixes for the English language, what economics misses about the ‘inside of the head,’ whether he’s a Jane Jacobs or Gouverneur Morris type, what Kanban taught him about management, his recent sampling of Pierce’s semiotics, Clarence White vs. Gram Parsons, his favorite Hot Tuna song, and more.
Read a full transcript enhanced with helpful links.
Recorded November 14th, 2018 Other ways to connect