Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7369012 | Journal of Policy Modeling | 2018 | 13 Pages |
Abstract
What is striking in Trumpian economics - supply-side economics too - is the omission of economic growth. There is no awareness that nations at the frontier need indigenous innovation to have ample growth. The take-offs into sustained growth in 19th century Britain and America were fueled by dynamism from the grassroots up. Moreover, this stunted economics has no room for the rewards from participating in the economy besides the market wage - for the satisfaction of succeeding at what one is doing, the sense of flourishing as one's career unfolds, and the thrill of venturing into the unknown.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Edmund Phelps,