Alex Field (Economics) was interviewed for a four-part video series on the website of the Institute for New Economic Thinking.
Professor Field, author of The Great Leap Forward: 1930s Depression and U.S. Economic Growth, has developed a counter-intuitive line of research into U.S. economic growth in the last century.
In the video series, Field examines productivity in the 1930s—the time of the Great Depression—and shows that post-world war prosperity was largely due to gains in the capacity of the nation to produce goods and services at an extraordinary pace. This capacity was developed in the depression decade, Field has found, due to private and public investment in infrastructure as well as innovation in goods and services.
To view the series, visit the website of the Institute for New Economic Thinking here >>
Learn more about Professor Alexander Field here >>