Featuring Brink Lindsey, Vice President for Research, Cato Institute; Tyler Cowen, Professor, George Mason University; and Martin Baily, Senior Fellow, Brookings Institution; moderated by Annie Lowrey, Reporter, New York Times.
The sluggish recovery from the Great Recession raises a troubling
question: is this the new normal? Tyler Cowen launched an ongoing
debate of that question with The Great Stagnation, in
which he argued that the “low-hanging fruit” of growth has already
been picked. In a new Cato paper entitled “Why
Growth Is Getting Harder,” Brink Lindsey offers an analysis
that differs from Cowen’s but shares his conclusion that slow
growth will be hard to avoid in the coming years. Martin Baily, one
of the world’s leading experts on productivity, is optimistic about
the future of innovation but cautions that other factors can hold
growth back. Please join these experts for a stimulating discussion
of a vitally important issue.