The Legacy of Joan Robinson
…now posing that increased monopoly power in the US economy may be playing a role in secular stagnation. She was indeed a core Keynesian, one of the three people thanked…
…now posing that increased monopoly power in the US economy may be playing a role in secular stagnation. She was indeed a core Keynesian, one of the three people thanked…
…more than 20 percent unemployment in Spain, and long-term stagnation in Italy. In recent weeks French workers have been fighting against ‘structural reforms’ that seek to undermine employment protections and…
…[those with the most wage stagnation] in England overwhelmingly voted to leave the EU. . . . Brexit … was a counter-reaction to a political economic system that is perceived…
…the pressures to raise prices. Inflation will stay lower and lower. So I do not buy the argument of secular stagnation. We have a situation where corporations have very high…
…looking for jobs resulted in the increased U3. Nothing has occurred to be excited about as the Labor Market has an excess of underemployed and unemployed workers. Great for employers…
…US, the US approach was to compensate for a decline in market incomes, which Sweden had managed to head off. The Great Income Stagnation Laura Tyson and Anu Madgavkar, Project…
…globalization was bad for the U.S. He had great success with his claim that international trade deals are responsible for a loss of jobs in the manufacturing sector. In addition,…
…eternal. Because: that economic populism also delivered success for America. The New Deal, combined with the government deficit spending of World War II, resulted in the greatest burst of widespread…
…His signature issues were tax cuts, a growing economy after years of stagnation, a detente with the USSR (“tear down this wall,” some nuclear dealing, and getting the Soviets to…
…the stagnation in average and median wages, followed by their improvement due to the steep decline in gas prices, for example here and here. Since bottoming a year ago, gas…