Acton Institute Powerblog

The puzzle of economic growth

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Note: This is post #79 in a weekly video series on basic economics.

Why are some countries rich and others poor? There are various factors that interact in a dynamic and changing environment. And the final answer to the puzzle differs depending on the perspective you’re looking from, says Alex Tabarrok of Marginal Revolution University. In this video, Tabarrok examines different pieces of the wealth puzzle to show how they fit together.

(If you find the pace of the videos too slow, I’d recommend watching them at 1.5 to 2 times the speed. You can adjust the speed at which the video plays by clicking on “Settings” (the gear symbol) and changing “Speed” from normal to 1.25, 1.5 or 2.)

Click here to see other videos in the Introduction to Economics series.

Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).

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