Principles of Macroeconomics (Video)

The Solow Model and Ideas


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According to our previous videos in this section, the Solow model seems to predict that we’ll always end up in a steady state with no economic growth.
But, the Solow model still has one variable unaccounted for: ideas.
So, can ideas keep us growing?...
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Principles of Macroeconomics (Video)By Marginal Revolution University