Yes, economic growth is a moral imperative. Furthermore, the social rate of discount should be zero, which in turn helps to establish this conclusion about the import of growth. And in this framework we can be consequentialists or utilitarians without having to be extreme, self-sacrificing altruists.
Plese join us for a conversation with economist and author Tyler Cowen, a professor at George Mason University and director of its Mercatus Center. Cowen is the Holbert L. Harris Professor of Economics at George Mason University. He received his Ph.D. in economics from Harvard University in 1987. His book "The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better" was a New York Times best-seller. He was recently named in an Economist poll as one of the most influential economists of the last decade. He co-writes the blog "Marginal Revolution," runs a podcast series called "Conversations with Tyler" and co-founded an online economics education project, MRUniversity.com. His last book was "Big Business: A Love Letter to an American Anti-Hero."
This talk is part of the McCoy Center's Arrow Lecture Series on Ethics and Leadership.