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The last theres been a lot of talk about over last generation, the last 40 years really highlights the challenges of measuring economic values. A lot of people take the view that there hasnt been much progress, much growth in incomes, economic stagnation over that period of time. And i often try to put the lie to that assertion by asking people to whether theyre low income, middle income, high income, raise your hand if you wanting to back to 1975 and there usually arent a lot of takers. But one think is undeniable is we have been living through a period of economic stagnation and im peter and joined the Cato Institution a year ago as president and over that time brink linsey has done a job trying to explore growth slowdown, one is understanding the growth slowdown and another is reviving Economic Growth. For the first time in my life we had gdp growth hasnt reached 3 and at the time i joined cato 13 months ago i was hopeful i was actually hopeful because when we lived through economic

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