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Generally, economic growth and prosperity go hand in hand, which is why the disappointing GDP growth of the past decade and a half has been troubling to many observers. But what if this slowdown is simply the product of a maturing economy with an aging population? Dietrich Vollrath joins me today on the podcast to make that case and to discuss the implications of that argument.
Dietrich is a professor of economics, and the chair of the Department of Economics, at the University of Houston, where his research focuses on economic growth. He is the author of the recently released Fully Grown: Why a Stagnant Economy Is a Sign of Success.More