Cato Events Podcast

The Great Recession ended over five years ago, so why does the U.S. economy remain so sluggish? Fears are mounting that growth rates well below the long-term historical trend line may now be the “new normal.” Labor-force participation has been falling, while growth in labor skills has slowed considerably. Furthermore, the main engine of innovation—the “creative destruction” of entrepreneurial dynamism—appears to be sputtering, as the rates of both gross job creation and destruction and new firm formation have been declining steadily. Meanwhile, some experts even argue that the low-hanging fruit of major transformative breakthroughs has already been plucked and that, consequently, technological progress itself is winding down.

The purpose of this conference is to assess the long-term growth outlook of the U.S. economy and explore what policy changes might be needed to arrest and reverse the growth slowdown. We will bring together top economists and other experts for a full-day conference on these vital issues, with the first three sessions devoted to diagnosis of the key problems and the final two sessions focused on prescriptions for growth-enhancing policy reforms.

In conjunction with the conference, the Cato Institute is hosting a special online forum on reviving economic growth. We have reached out to leading economists and policy experts and challenged them to answer the following question: “If you could wave a magic wand and make one or two policy or institutional changes to brighten the U.S. economy’s long-term growth prospects, what would you change and why?” Their response essays will be made available here in the run-up to the conference.

Hosted on Acast. See acast.com/privacy for more information.

The Great Recession ended over five years ago, so why does the U.S. economy remain so sluggish? Fears are mounting that growth rates well below the long-term historical trend line may now be the “new normal.” Labor-force participation has been falling, while growth in labor skills has slowed considerably. Furthermore, the main engine of innovation—the “creative destruction” of entrepreneurial dynamism—appears to be sputtering, as the rates of both gross job creation and destruction and new firm formation have been declining steadily. Meanwhile, some experts even argue that the low-hanging fruit of major transformative breakthroughs has already been plucked and that, consequently, technological progress itself is winding down.

The purpose of this conference is to assess the long-term growth outlook of the U.S. economy and explore what policy changes might be needed to arrest and reverse the growth slowdown. We will bring together top economists and other experts for a full-day conference on these vital issues, with the first three sessions devoted to diagnosis of the key problems and the final two sessions focused on prescriptions for growth-enhancing policy reforms.

In conjunction with the conference, the Cato Institute is hosting a special online forum on reviving economic growth. We have reached out to leading economists and policy experts and challenged them to answer the following question: “If you could wave a magic wand and make one or two policy or institutional changes to brighten the U.S. economy’s long-term growth prospects, what would you change and why?” Their response essays will be made available here in the run-up to the conference.

Hosted on Acast. See acast.com/privacy for more information.

The Great Recession ended over five years ago, so why does the U.S. economy remain so sluggish? Fears are mounting that growth rates well below the long-term historical trend line may now be the “new normal.” Labor-force participation has been falling, while growth in labor skills has slowed considerably. Furthermore, the main engine of innovation—the “creative destruction” of entrepreneurial dynamism—appears to be sputtering, as the rates of both gross job creation and destruction and new firm formation have been declining steadily. Meanwhile, some experts even argue that the low-hanging fruit of major transformative breakthroughs has already been plucked and that, consequently, technological progress itself is winding down.

The purpose of this conference is to assess the long-term growth outlook of the U.S. economy and explore what policy changes might be needed to arrest and reverse the growth slowdown. We will bring together top economists and other experts for a full-day conference on these vital issues, with the first three sessions devoted to diagnosis of the key problems and the final two sessions focused on prescriptions for growth-enhancing policy reforms.

In conjunction with the conference, the Cato Institute is hosting a special online forum on reviving economic growth. We have reached out to leading economists and policy experts and challenged them to answer the following question: “If you could wave a magic wand and make one or two policy or institutional changes to brighten the U.S. economy’s long-term growth prospects, what would you change and why?” Their response essays will be made available here in the run-up to the conference.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

In The Moral Case for Fossil Fuels energy expert Alex Epstein argues that we are only hearing one side of a critical story. We are taught to think only of the negatives of fossil fuels, not their positives — their ability to provide cheap, reliable energy for a world of seven billion people. The moral significance of cheap, reliable energy, Epstein illustrates, is woefully underrated. Energy enables us to improve nearly every single aspect of life, whether economic or environmental, and if we look at the big picture of fossil fuels compared with the alternatives, the impact of fossil fuels is to make the world a far better place.

Epstein confronts the most common myths about fossil fuels: they are dirty, unsustainable, and harm the developing world. Drawing on original insights and cutting-edge research, Epstein offers facts to the contrary. Fossil fuels take a naturally dirty environment and make it clean; they take a naturally dangerous climate and make it safer; the sun and wind are intermittent, unreliable fuels that always need backup from a reliable source of energy — usually fossil fuels; and, fossil fuels are the key to improving the quality of life for billions of people in the developing world. Calls to "get off fossil fuels" are calls to degrade the lives of innocent people who merely want the same opportunities we enjoy in the West.

Will The Moral Case for Fossil Fuels become the Silent Spring of its time? Decide for yourself after hearing Alex Epstein discuss this powerful, highly innovative book.

Hosted on Acast. See acast.com/privacy for more information.

President Obama will soon announce that he plans to use executive power to delay the deportations of millions of undocumented immigrants, among other reforms. Join us and submit your questions via Twitter as we discuss the policy and politics of the President's plan.

Follow @CatoEvents and use #CatoConnects to ask questions and join the conversation on Twitter.

Hosted on Acast. See acast.com/privacy for more information.