I don’t think human kind has permanently sloughed off its internal ambition toward improvement, growth, and (indirectly) GDP generation. I think new policy and new optimism could unleash an enormous boom.
Blog: General Foundation
In the middle of an anemic economic recovery, many of us are looking for something to kick-start U.S. economic growth. If we want to learn from history, here’s an idea: Look to America’s military veterans.
Recently, the energy policy discussion in Washington has turned to the issue of crude oil exports. Crude oil exports are controlled—and restricted—under the Energy Policy and Conservation Act of 1975 (EPCA), passed in response to the oil price shocks of the early 1970’s.
The most powerful factor: the human side of production.