All Terrain Thinking

A Compendium of things I think are Important

Economics: It's not just whats' in your wallet

Economic Growth

1. "What a difference a year makes." We have all heard the phrase, but have you ever thought about what a difference 10 years, 40 years, or 150 years can make. Now's the time to pick a time and describe what life was like then.

2. Why do official care so much about productivity growth? Is it really important or is this just 'hype'.?

3. We have heard so much in recent years about growth in remote parts of the world and of the declining position of American workers at home it seems reasonable to look into this. Are we falling behind?

4. You want the economy to grow - but you need to know how to do it. One group that has developed a program to promote economic growth has been the supply -siders. What is the logic behind their approach and what are some of the pieces of their program?

5. Convergence - what is it and how do you feel about it? Does where you live in the world affect your views on this one?

6. Population control' isn't this something that we could all agree on? We recently (few years) had a world conference on population control, but there was little that they could agree on. Can you explain why agreement was so elusive?

7. How is it that everyone seems to have discovered education as a theme for 1997. Maybe it is related to our 'rediscovery' of the importance of economic growth. What role does it play in our 'model' of economic growth and what are some of the major issues in education which you are likely to hear more about?

8. "Show me where the people are, and I will show you the money." So show me the people. More specifically, show me where the growth has been and where we can expect it to be. Please provide me with the breakdown by continents of growth and growth rates.

9. How much should we care about the proper measure of inflation? What impact on future social security outlays would a reduction in the COLA clause of .5 percent per year do if we had expected inflation to average 3.0% for the next twenty years?

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