Remarkably Stable NGDP Growth – Part 2
Part 1. The low standard deviation of GDP growth is simply an artifact of low GDP growth numbers. OK – that’s a bit over stated. The low standard deviation of…
Part 1. The low standard deviation of GDP growth is simply an artifact of low GDP growth numbers. OK – that’s a bit over stated. The low standard deviation of…
by Mike Kimel California v. Red States, What Causes Growth, and the Great Stagnation Lately there has been a small cottage industry of California v. Texas comparisons, with California getting…
…down over time. Graph 1 – Tax Rates and GDP Growth since 1950 Graph 2 is a scatterplot of RGDP growth vs top marginal tax rate, same annual data as…
…productivity growth as proof of the need for national policies to restrain wages and limit the growth of state spending. The decline of productivity growth was attributed to inadequate levels…
…under this would pay tax at only 25%. Promote economic growth? What about this is in any way empirically supported as promoting economic growth–especially the broad-based, raising- all-boats type of…
…soybeans and other products to get their shipments out before retaliatory tariffs took effect. They predicted the rest of the year is likely to see solid, but slower growth of…
…degrowth but whether or not one faces the stark reality and acknowledges the expiry of GDP growth and consequently the irrelevance — and, frankly, mischief — of the growth paradigm….
…percentage point from its previous forecast. Growth in the advanced economies is projected to be particularly feeble, with expected U.S. economic growth of 2.2%, growth of 1.3% predicted for the…
November average real wage growth stable, but aggregate growth now puts expansion in second place behind 1990s November consumer inflation came in at +0.3%. Since in last Friday’s jobs report…
…faith in economic growth. Capitalism requires growth, they say, and growth is destroying the earth, therefore we must abolish capitalism and embrace de-growth. Anything less is a sellout. This philosophy…