What kind of economic polocies can we adopt to promote long-run economic growth?

Question

And how why/how would they promote long-term growth?

Answer 1

Solow's 5 decade old model (which is still valid today) pinpoints technological advancement, along with population growth and low depreciation rates as keys to long-run growth.

Unfortunately, most politicians are concerned with 2-6 year growth.

Answer 2

Things that promote technology grow our ability to produce goods and services. With more technology people are more productive. In the not too distant future the intelligence of computers will approach that of individual humans. The world of the future would then provide many times the products and services per person than currently are available.

Answer 3

for my section, much less government spending will sell long-run financial enhance the main. the fewer money the government has to borrow the extra money is obtainable for each guy or woman else to borrow and make investments.