Alex Tabarrok on the Elements of Economic Growth and the Decline of Dynamism

Alex Tabarrok is a professor of economics at George Mason University and holds the Bartley J. Madden Chair in Economics at the Mercatus Center. Alex has written widely on long run economic growth and joins the show today to talk about it. David and Alex also discuss how capital relates to economic growth, the impact of regulation on dynamism, and the important distinction between “catch-up” and “cutting edge” growth.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/09092019/alex-tabarrok-elements-economic-growth-and-decline-dynamism   Alex’s Twitter: @ATabarrok Alex’s Mercatus profile: https://asp.mercatus.org/alexander-tabarrok Alex and Tyler’s blog: https://marginalrevolution.com/   Related Links:   *Modern Principles of Economics* by Alex Tabarrok and Tyler Cowen https://www.macmillanlearning.com/college/us/product/Loose-leaf--Version-for--Modern-Principles-of-Economics-4E--FlipIt-for-Survey-of-Economics-Six-Months-Access-4E-Online/p/131909872X   *Is Regulation to Blame for the Decline in American Entrepreneurship?* by Alex Tabarrok and Nathan Goldschlag https://academic.oup.com/economicpolicy/article/33/93/5/4833996   *Population Growth and Technological Change: One Million B.C. to 1990* by Michael Kremer https://www.ssc.wisc.edu/~walker/wp/wp-content/uploads/2012/01/kremer1993.pdf   *Why are the Prices so Damn High?* by Alex Tabarrok and Eric Helland https://www.mercatus.org/publications/healthcare/why-are-prices-so-damn-high   *The Value of Health and Longevity* by Kevin Murphy and Robert Topel https://www.nber.org/papers/w11405   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth