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Image of rolled money growing out of the ground like carrots.

We look at the factors that contribute to a sustained rise over time in an economy's production of goods and services.

Article
Second Quarter 2023

Since becoming President of the Richmond Fed in 2018, Tom Barkin has made spending time throughout the Fifth District his goal. One of the ways the Richmond Fed's research department supports this goal is through an event series known as Community Conversations.

Article
Second Quarter 2023

MIT's Daron Acemoglu, the author of Why Nations Fail and Power and Progress, on Henry Ford, making AI worker-friendly, and how democracy improves economic growth.

Podcast
May 17, 2023

Hugo Hopenhayn discusses his research on the factors that affect the entry and exit of firms in a market, as well as the reallocation of labor and other resources that results from this "creative destruction." Hopenhayn is a professor of economics at UCLA and a long-term consultant at the Federal Reserve Bank of Richmond.