Growth theory
| Reading: Solow, R. M., 1956, A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70(1), 65–94 |
| Lecture handout: Growth Theory* |
Marginal Revolution have a series of excellent videos on the Solow model, starting here:
But I’m a Solow skeptic!
Here’s my video explaining growth with an iPhone analogy:
I utilise this this framework more thoroughly with my Country Competitiveness Dashboard.
| Activity: Growth activity and Google Slides |
Further reading
The definitive article on how planning reform impedes UK economic growth is:
- Foundations, by Ben Southwood, Samuel Hughes and Sam Bowman
Two articles on the rise of new supply side thinking include:
- It’s time for a new, progressive supply-side economics, by Eli Dourado, Center for Growth and Opportunity (January 2021)
- Bring Back Supply-Side Economics, by Tyler Cowen, Bloomberg (March 2021)
And my own attempt:
- “A quick and clear growth recipe” Kaleidic Economics, October 2022
Policy impact
- In October 2025 British Progress released their UK Growth Survey which included interviews with 100 economists on UK growth priorities.
Recommended podcasts
- What’s wrong with Britain’s economy? With Sam Bowman, The Economics Show, Financial Times, November 28th 2024 – Soumaya and Sam talk about the big supply side problems facing Western democracies: housing, infrastructure, and energy.