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We extend earlier models of economic growth and development by exploring the effect of economic freedom on U.S. state employment growth. We find that states with greater economic freedom - defined as the protection of private property and private markets operating with minimal government...
Persistent link: https://www.econbiz.de/10008504168
Statistics on the size and growth of the U.S. federal government, along with the rhetoric of President Franklin Roosevelt, seem to indicate that the Great Depression was the event that started the dramatic growth in government spending and intervention in the private sector that has continued to...
Persistent link: https://www.econbiz.de/10005360569
This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...
Persistent link: https://www.econbiz.de/10010692397
We develop a theory of labor quality based on (i) the division of the labor force between unskilled and skilled workers and (ii) investments in skilled workers. In our theory, countries differ in two key dimensions: talent and total factor productivity (TFP). We measure talent using the observed...
Persistent link: https://www.econbiz.de/10010699994
Presentation before the Conference on Striking the Right Notes on Entrepreneurship, Memphis, Tenn., April 19, 2005
Persistent link: https://www.econbiz.de/10011185038
Presentation to the St. Louis Regional Commerce and Growth Association, Leadership Circle - July 15, 1998
Persistent link: https://www.econbiz.de/10011185065
Remarks before the National Association of Manufacturers, Board of Directors Meeting, Tucson, Ariz. - April 16, 1999>
Persistent link: https://www.econbiz.de/10011185068
Address before Bryant College, Providence, R.I., Oct. 14, 2003
Persistent link: https://www.econbiz.de/10011185096
Presentation to the Southern Illinois University at Edwardsville, Third Annual Rutman Lecture, Edwardsville, Ill., April 10, 2003
Persistent link: https://www.econbiz.de/10011185107
Presentation to the 2003 Washington Legislative Update Conference, International Foundation of Employee Benefit Plans, Wash., D.C., May 19, 2003
Persistent link: https://www.econbiz.de/10011185108