On September 12, 2013, energy experts, lawmakers, and industry leaders convened at the Bush Center in Dallas, Texas, for a day-long conference focusing on the economic growth potential of the energy sector.
The United States has a long history of economic growth, a history that shows free-market capitalism to be the engine of social mobility—a highway to the American Dream.
The Bush Institute’s Economic Growth initiative researches and develops free-market ideas that can grow the economy and raise living standards in the United States.
As part of this initiative, the Bush Institute holds debates, hosts conferences, and produces new scholarship in the form of books, papers, and other published material that outlines needed reforms.
One of the first undertakings of the economic growth initiative is the 4% Growth Project. The project sets an ambitious target of real, sustained GDP growth of four percent annually, or about one percentage point higher than the average rate of growth since the end of World War II. A four percent growth rate will create good jobs for Americans, reduce the burden of government debt, and greatly increase prosperity.
The 4% Growth Project is directed by economic historian Amity Shlaes, a Bush Institute senior fellow and author of The Forgotten Man and Coolidge.