Another shot fired in the ongoing debate over secular stagnation, this one from Fitch Ratings (via the WSJ): “The secular stagnation framework pays insufficient attention to important cyclical ...
Joseph Stiglitz recently dismissed the relevance of secular stagnation to the American economy, and in the process attacked (without naming me) my work in the administrations of Presidents Bill ...
“Why go to space?” is a question I frequently get, a question I attempt to answer in my new book, The Conservative Futurist. For example: There are good reasons to return to the Moon and stay there ...
It is true that even some forecasters who have had the wisdom to remain pessimistic about growth prospects for the last few years are coming around to more optimistic views about growth in 2014, at ...
Steve Inskeep talks to David Wessel, of the Brookings Institution, about secular stagnation: the problem of building consumer demand at a time... Is The Economy Suffering From Secular Stagnation?
The hangover from the debt crisis and secular stagnation are the two main explanatory models for the low growth and low interest rates. Anew Fed paper brings the focus back to demographics. If true, ...
In a recent post Paul Krugman refers to the potential link between rising levels of debt prior to the 2008 crisis and the current discussion on secular stagnation. The argument can be illustrated by ...
Larry Summers talks about the other economic problem that may be created by low interest rates. Former Treasury Secretary Larry Summers Concerned About 'Secular Stagnation' Former Treasury Secretary ...
During the slow recovery after the 2008 financial crisis, Larry Summers, the Director of President Barack Obama's National Economic Council, argued that the US economy was in the grips of "secular ...
Some of the scenarios are optimistic. but the one I think is most likely isn’t. It’s a return to the stagnant world we had before COVID.
Some time ago speaking at the IMF, opens new tab, I joined others who have invoked the old idea of secular stagnation and raised the possibility that the American and global economies could not rely ...
Those responsible for managing the 2008 recovery found the idea of secular stagnation attractive, because it explained their failures to achieve a quick, robust recovery. So, as the economy languished ...