…great.” The basic point is very true. If poor people today have more and better stuff, can buy more and better stuff each year, maybe we should stop worrying about…

…when more productive firms can establish themselves more securely in the economy. In China… Productivity has increased greatly there, right? Well, maybe… Productivity has slowed down greatly in China, and…

…great risk too. And Krugman acknowledges that we do not know where the natural level of potential output is. Is secular stagnation the result of overshooting sustainability with years of…

…often liberal economists like Paul Krugman and Jared Bernstein) who pooh-pooh “underconsumption” explanations for The Great Secular Stagnation. (Though the runup over the last 15 years must also be explained.)…

…their value when the owner died. [skip] Mr. Ryan says, the creators are doing well. Others are not. “The Obamanomics that we’re practicing now have exacerbated inequality. They’ve exacerbated stagnation….

…inequality, stalled mobility, wage stagnation, and the failure of the recovery’s gains to achieve widespread distribution. But he then went on and on about the folly of expecting “government to…

…wage stagnation. Clinton’s best personal moment may have been when she defended mandated paid family leave from the critique advanced by Republican contender Carly Fiorina that it would be an…

…insane Republican posse in congress and the 50 little Hoovers). I think this is relevant to the debate about secular stagnation. It isn’t so clear to me that the US…

…YIkes! For starters let us note that the stagnation of real wages began in the 1970s, about the time when most boomers entered the labor market. So both the Greatest…

…look at data to apply the stability and growth pact, but they are not allowed to estimate parameters which suggest that the stability and growth pact causes instability and stagnation….