Growth

Stylized Facts Solow Model Growth Accounting Endogenous Growth

Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement: and when experience is not retained, as among savages, infancy is perpetual.

— George Santayana

Economics 302: Macroeconomic Analysis

Endogenous Growth

Background:

Blanchard, chapter 11 (pp. 236–239); chapter 12 (pp. 251–254).

Analysis:

"Counting Heads," The Economist, August 26, 2004. [PDF version]
Wolf, Martin. "The Capitalist Growth Machine," Editorial, Financial Times, June 4, 2002.
Wessel, David. "The Connection Between Patents and Prosperity," Wall Street Journal, December 11, 2003.

In The News:

Glanz, James. "Study Warns of Lack of Scientists as Visa Applications Drop," New York Times, November 20, 2003.
Broad, William J. "U.S. Is Losing Its Dominance in the Sciences," New York Times, May 3, 2004.

Going Further:

Romer, Paul M. "The Origins of Endogenous Growth," The Journal of Economic Perspectives, Vol. 8, No. 1, (Winter 1994), pp. 3–22.
McCallum, Bennett T. "Neoclassical vs. Endogenous Growth Analysis: An Overview," Federal Reserve Bank of Richmond Economic Quarterly, Vol. 82, No. 4 (Fall 1996), pp. 41–71.
Lee, Felicia R. "Research Around the World Links Religion to Economic Development," New York Times, January 31, 2004.