The search for a model to explain Secular Stagnation is happening behind the scenes at the moment. Larry Summers is presenting Secular Stagnation as an Inverse of Say’s Law… “Lack…

by Mike Kimel Another Look at Keynesianism and the Great Stagnation Cross-posted at the Presimetrics blog Last week I had a post noting that the US government followed more or…

by Mike Kimel A Critique of Tyler Cowen’s The Great Stagnation, by way of Alex Tabarrok’s Criticism of Keynesian Politics Cross posted at the Presimetrics blog Alex Tabarrok and Tyler…

…take the non technical definition of Secular Stagnation The core idea behind secular stagnation was that the neutral real rate had for a variety of reasons fallen and might well…

by Mike Kimel Predicting Recessions, The Great Stagnation, and Will There Be a Double Dip? There’s a lot of talk about a double dip recession these days. I don’t think…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

Larry Summers and Brad DeLong have even more than usually stimulating thoughts about secular stagnation and extremely low interest rates. I notice a strong focus on non residential fixed capital…

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

…Secular stagnation is sometimes thought to be caused by an imbalance between savings and business investment. The economics of stuff explains secular stagnation in terms of household investment, that is,…