Growth is Good: Why Slow Growth Can't Be The New Normal

Published: November 16, 2016

America’s economy is growing at half the rate it used to. Slow growth rates have enormous effects on the quality of life over long periods of time. Getting back to rapid economic growth will alleviate budgetary problems, increase paychecks, and lead to widely shared prosperity.

Discussion Questions

  1. What are some of your ideas to get back to rapid economic growth?
  2. Why has growth slowed down? 

Cast

John H. Cochrane

John H. Cochrane

Related

Event

Terra Incognita: The Economics of a Shrinking World

The Hoover Institution Economic Policy Working Group hosted "Terra Incognita: The Economics of a Shrinking World" with Jesús Fernández-Villaverde from the University of Pennsylvania. 

April 23, 2026

Working Papers

A Network Approach to Geopolitics

Economics Working Paper 26127

October 16, 2026

Videos

Fei-Fei Li On Curiosity, Audacity, And The Quest For Artificial Intelligence

Fei-Fei Li, the “Godmother of AI,” speaks with Stephen Kotkin about her journey to the frontiers of spatial intelligence.

October 21, 2026 • 0 Min Watch