…to about 1.0%, a much slower growth rate. This appears to provide solid support to Mandel’s argument that productivity growth is slower and Tyler Cowen’s great stagnation thesis. I suspect…

Larry Summers’ recent speech (and Paul Krugman’s paean to it) have brought the issue of secular, decades-long stagnation to the front of the econoblogosphere agenda. Tyler Cowen, of course, made…

Update: Brad DeLong has replied, and I have replied to him. Dean Baker quite rightly takes Robert Samuelson to task for his op-ed on the causes of secular stagnation. Samuelson:…

Four measures of wages all show renewed stagnation This is something I haven’t looked at in awhile. Since 2013, I have documented the stagnation vs. growth in average and median…

…shift in how digital dollars circulate forms a subtle but real component of the broader economic resilience that the following analysis outlines. Breaking Out of Stagnation: US Productivity Growth Is…

…what about some permanent fiscal stimulus to deal with secular stagnation. Now this question is an offence against Keynes and, much more, against new Keynesian economics. Keynesians have spent decades…

…to a lower trend, and thus a healthy natural real rate would not need to be negative. Secular stagnation involves the idea that the Fed rate will be at the…

July real retail sales show more stagnation, but slightly positive YoY Consumption leads employment. Increasing demand for goods and services leads employers to hire more people to fulfill that demand….

…could be one noisy month, the overall trend for the past 9 months has been stagnation in real median household income. Yet another reason to be very concerned if tariffs…

…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…