Peter Ganong on the Dynamism and Resiliency of the US Economy
Macro Musings with David Beckworth
00:00
Long Term Growth and Resiliency
Peter Bergen: I would put my top two concerns about the US economy over the long run housing and the decline in population growth rate. Population matters to long run economic growth because it's the idea generation, kind of the endogenous growth stories of Paul Romer and stuff. If you want to innovate, be creative, you got to have more people, more ideas," he says. "We're having a hard time making any progress on that front"
Transcript
Play full episode
