Were Lawrence Summers what his critics say he is—a political hack with an inflated sense of his own skills that is matched only by his sense of entitlement, accompanied by…

…Pareto efficient. 4) Persistent fluctuations due to aggregate demand were renamed “hysteresis” by Blanchard and Summers in 1986. European data already massively rejected the not yet developed old new Keynesian…

…families . . . . . A Slow Death Butler’s heart was weak, but the pace-maker would keep his body alive for five more years– five long summers and five…

…Piketty’s empirical demonstration that the rate of return on wealth has been remarkably stable over centuries — and, contra Summers, with no visible tendency to vary in any consistent way…

…not understand this, you will still see the slack, like Krugman, Summers, the Fed and others. Should the fall in labor share have been temporary? Did it become an undesired…

…tech. Their return to structures is low as stressed by Summers I guess the common theme is that corporate profits and investment don’t have much to do with each other,…

…flows that seek short-term gain rather development of the manufacturing sector. But there may be a more basic phenomenon taking place. In 2013 Lant Pritchett and Lawrence Summers of Harvard…

…ratio (as stressed by DeLong and Summers pdf warning). The vitally important assumption is not tested. 3. The NAWRU is assumed to be an I(2) process — not only does…

…a couple of years back and her efforts to regulate the derivatives market as the head of the CFTC. Greenspan, Rubin, Summers, Gramm and others fought to block her and…

…to GDP ratio so high that r1=g. r1g. This means that Abel, Mankiw, Summers and Zeckhauser would conclude that such an economy is dynamically efficient. They might not be correct….