It took a Scottish moral philosopher with no training in economics to set the course of modern economics and challenge researchers to answer what is arguably the most fundamental question in public policy, namely: what is the recipe for growth, job creation, and poverty reduction?

While we are observing some “green shoots,” it is too soon to speak of a recovery. We can, however, identify some key forces that are likely to shape any future growth path.

It took a Scottish moral philosopher with no training in economics to set the course of modern economics and challenge researchers to answer what is arguably the most fundamental question in public policy, namely: what is the recipe for growth, job creation, and poverty reduction?