The supply side: AI, immigration, and non-inflationary growth
- Byron Gangnes
- Feb 21, 2024
- 1 min read
Updated: 19 hours ago
UHERO blog post: The US economy surprised to the upside last year. Inflation receded rapidly without large-scale labor market pain. In part this reflects growth in the supply side of the economy, linked to higher productivity and a rising immigrant labor force. How might artificial intelligence (AI) and other factors affect US economic growth over the longer-term?
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