Creative Destruction: Why Innovation is Crucial for Growth

The primary contributor to long-run growth is productivity: A country’s ability to raise residents’ standards of living depends on its ability to boost workers’ output. In this episode of The Pie, Ufuk Akcigit, The Arnold C. Harberger Professor in Economics and the College, describes his research on growth through technological progress.

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Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.