Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/great stagnation

What’s in a name?

…same results.” In fact, there’s no necessary connection between socialism, communism or Marxism and market failure or authoritarian repression. The obvious counterexample is the Great Depression, which was an economic…

GAO report on the Great Lakes

…a series of binational agreements aimed at improving environmental conditions in the Great Lakes Basin, the Congress passed the Great Lakes Critical Programs Act. This act, which amended the Clean…

In Defense of Deficits

…of the private credit system is a sure path to stagnation, to a double-dip recession–even to a second Great Depression. To focus obsessively on cutting future deficits is also a…

Paul Volcker Feb.20

…of the world is doing pretty well, and so long as the rest of the world holds up, for various reasons, including great growth of American exports, maybe we’ll get…

The Great Trade Collapse…VoxEU

Richard Baldwin at VoxEU introduces a new book on “great trade collapse” before the WTO meeting occurring shortly. Re-posted with attribution: The Great Trade Collapse World trade experienced a sudden,…