Why do prosperous economies develop in some countries and regions, while others stagnate? The Working Group on the Foundations of Long-Run Prosperity applies approaches from a range of disciplines to understand the mechanics of long-run growth. It disseminates the results to the research community, policy makers, and the broader public.

Long-Run Prosperity Working Paper Series
Inputs to Prosperous Economies
Foundations of Long-Run Prosperity Spring Conference

The Hoover Institution hosts Inputs to Prosperous Economies: Spring 2023 Conference Of The Working Group on the Foundations of Long-run Prosperity on June 8–9, 2023.

The Spring 2023 conference of the Working Group on the Foundations of Long-Run Prosperity examines the building blocks of—and impediments to—prosperous economies. How do states develop the capacity provide public goods and regulate markets? What policies maximize—or diminish—the investments in human capital? Which institutions encourage innovation, and which institutions frustrate it? What are the circumstances in which people chose to become entrepreneurs?

Conference Summary

Conference Report

Once a prosperous town, Selma, Alabama, is today one of the state’s poorest cities. In a welcome address to the participants of the Sustaining Economic Growth conference of the Working Group on the Foundations of Long-Run Prosperity on November 17–18, Stephen Haber, senior fellow at the Hoover Institution and cochair of the working group, posed a question related to Selma’s reversal in economic prosperity: What are the origins of economic growth and stagnation, and what accounts for their reversals? 

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