People drive economic growth

Click here to listen to an absolutely fascinating interview with Nobel-prize winning economist, Robert Lucas on how economic growth comes from "suitably-trained people," why technology-push theories of economic development are wrong, on how the global movement of people during the 203 and 40s enabled the US to eclipse Europe in science and technology, and on Jane Jacobs' powerful insights into human creativity (the woman who invented the brassiere), economic development, and cities (pointer from Greg Mankiw).