Ideas - What are they good for?
Ideas and innovation improve productivity and drive economic growth. A 1990 technical paper, Endogenous Technological Change (1.95 MB pdf) by Paul Romer, a thirty-six year old University of Chicago economist, explained the importance of innovation in promoting economic growth. Romer proposed that innovation was a factor of production that was critical for economic growth. Land, labor and capital had been the standard factors of production with technological change considered an exogenous or external attribute. See my summary of economic growth theory for an explanation of the evolution of economic theory.
Bible Readings
God's word brings insight through prayer and reflection. My goal is to read through the Bible over the next year and record my thoughts and meditations. I understand that faith comes by hearing and hearing from the Word of God. I want the faith and vision necessary for me to do God's will in this world.
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Issues
Immigration
US Rural Economic Development
Latin America Economic Development
US Poverty
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