
Long-run Economic and Political Trends, Schools of Economic Thought, and Economics Education
The Capitalism and Freedom in the Twenty-First Century Podcast
00:00
The Importance of Culture in Economic Growth
In the past, you described yourself as a cultural economist. Do you subscribe to the idea that culture shapes institutions, which then shapes economic growth? Or how do you go about studying cultures and why do you think they matter? I think it's all mutually determined. But like many people I know, I would say over the decades, I have somewhat downgraded the importance I place on policy as mattering. And my starting point for thinking about New Zealand is that culture, not the reforms they did.
Transcript
Play full episode