…to the deficit could not be agreed upon in the budgeting process, some members of the Senate now what a redo. Senator Graham goes to great lengths to stir the…

…also explains Tyler Cowen’s Great Stagnation. e. Government spending does produce a benefit, though that is ignored by this model. I haven’t decided whether I want to spend time improving…

…What is going on here? Is it really the catch-up effect, whereby wealthy countries like the US necessarily grow more slowly than other countries? Or is there a Great Stagnation…

…though continually declining, was typically far greater than during The Great Stagnation – the period since roughly 1980. 2) The FICA contribution to the total, despite a break point to…

…have been in recession for 21 of the previous 46 years, or 46% of the time. There’s your great moderation – I mean stagnation – in one simple, easy to…

…why he did not cut out the middleman and then he cut out the middle man. Noah Smiths explanation of the existence of DSGE macro is that, during the great…

…English language Chinese media insisted that he left the meeting for health reasons.  Apparently his health is not all that great, but he was not obviously immediately ill when made…

…benefits in exchange for the pittance of slightly higher taxes on the upper crust. The article goes even further astray at the end with its label of a “two-part deal”…

…of mediocre growth under GW Bush, culminating in the Great Recession. But when you go back as far as the data allows, you find a quadratic relationship between the top…

…it was about 2% of GDP prior to the Great Depression and it has been around 20% of GDP since WW II. Moreover, government transfer payments were insignificant prior to…