…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

by New Deal democrat (re-posted with permission from Bondadd blog) Sadly, Ed Yardeni is the Wanker of the Day – wage stagnation edition Dr. Ed Yardeni has some clickbait up…

Paul Krugman interpreted the recent decline of 10 year safe interest rates from extremely low to astonishingly low as a capitulation to stagnation. He argued (convincingly) that investors have decided…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

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…

Secular stagnation involves the idea that Central bank interest rates will be at the zero lower bound (ZLB) for a long… long… time. And they will be because of falling…

I’m rather terrified to find that Brad DeLong has replied to my recent post on this subject. I would expect greater inequality coupled with a higher propensity to save on…

…need a different term to correctly describe the 1970s rather than stagnation. So why do knowledgeable economist like Krugman not recognize that applying the stagnation term to the 1970s creates…

…ate up some of that accumulating slack. Comment on Secular Stagnation What some call secular stagnation is the process of labor share falling to eat up excess slack caused by…

I have been reading the ebook on Secular Stagnation. It is interesting that two sections in the book have the titles… Three Issues: Potential Growth, Effective Demand and Sclerosis Further…